Take control of your investments
You’re in charge of choosing the investments for the money you save. This gives you the power to take as much or as little risk as you’re comfortable with.
It’s your responsibility to use our information, tools and resources to learn about the investments available, then deciding which approach and individual funds are right for you.
Personalizing your funds is the best way to make sure you’re invested based on what your personal goals are.
We’re always here to help you learn and guide you during the investment process, but ultimately, you have control over making investment decisions.
A little bit of background on risk vs. return
In investing, there is some risk that a fund won’t do well and you could lose money on the investment. Your return is how much money you earn by investing the money.
Risk vs. return is the concept where the more risk you take, generally the higher return you will get. On the other hand, if your investments are less risky, the return will generally be lower
That’s why balancing risk is the key to investing
Different kinds of investments (like cash, bonds and equities) invest in different things. Sometimes one fund type is performing well and the others are not, and this changes all the time. The best way to make sure you grow your money, while still protecting it from too much risk, is to have some in each of the different fund types. This idea is called diversification.
The chart to the right, shows the risk and return with the different fund types.
Canadian and Foreign Equity Funds have the highest risk and highest potential for greatest returns.
Balanced Funds have medium risk and generally have a medium rate of return.
Bond (or fixed Income) funds have low risk and generally have a lower rate of return.
Guaranteed / Money Market funds are the lowest risk and generally have a very low rate of return.
Tools & calculators
Budget calculator
Where does your money go? Use this monthly budget calculator to help you manage your spending and understand if you're falling short, breaking even or coming out ahead.
Life insurance calculator
Find out how much coverage is right for you - in just a few minutes
Net worth calculator
Use this calculator to find out how your net worth – the difference between what you own (your assets) and what you owe (your liabilities) compares to other Canadians.