Brokerage investment savings accounts | Page 27 | General comparisons | Discussion forum

Can someone provide more detailed instruction on how to purchase DYN6000/DYN6001 on Questrade please? I've searched in the Mutual Fund and Stock trading sections and cannot find it. I saw earlier in this thread that Questrade should have ISA's. I tried with TDB8150 and couldn't find that either. TIA!

AltaRed said
My guess it will not come up in a search since the ISAs are not actually mutual funds. They are deposit accounts using the mutual fund system as a vehicle to facilitate transactions.

I know little about Questrade but try just entering the fund code into the mutual fund dialog box and try to make a purchase. Also maybe first try DYN6004/DYN6005 as the 'no trailer fee' versions. It may be Questrade's system is rightfully preventing you from buying the A series 'trailer fee' versions which is verboten for DIY brokerage accounts.  

Thanks for the suggestion. Unfortunately DYN6004/6005 don't come up either. I think I'm in the right place. ISA's are traded under Mutual Funds with CIBC IE and TDDI too.

Is the table on the first post still accurate?

Thanks all. Interesting that these returns were in place 2 months ago and remain unchanged resulting in the spread with GICs being greatly reduced.

if these funds are sold during the month, do one still get the interest up to the sale date ? Its unclear as the earned interest are only update at month end only.
Also same applies money market fund ?
The cash ETFs are clear as the NAV / unit price goes up daily to reflect the earned interest and reset back to base NAV after interest is paid out.

Rbc also has US brokerage savings RBF2014 @ 4.9%

One of the banks is offering me a 4.8% cashable GIC. I would make a few thousand more if I stick it in BMO Investorline cause they have an $1800 bonus + the ISA is 4.75% for BMT104. The only issue is if rates fall in the second half, BMT104 rates will drop making the cashable more advantageous. Any thoughts? What would you do?

Loonie said
A warning about cashables: be sure to ask if there is a minimum time you must hold the GIC in order to avoid loss of interest. Some won't let you take it out before X months without substantial loss of interest. This information is not necessarily well advertised. Get the policy in writing.  

Very good point, Loonie. Scotia iTRADE, in my view, has the best GIC disclosure, by disclosing all of the different terms, cashability, non-cashability, minimum purchase amounts, and, as you say, minimum holding period (for the cashable variety).