We have accounts and options to help you save and invest wisely. Our accounts include competitive interest rates and minimal fees. Whether your need is short-term cash, or to build for your longer term future, we can help you succeed.
Investor’s Choice Accounts
Our Investor’s Choice Accounts are daily interest savings accounts similar to a standard savings account at a Bank or Credit Union. Funds can be deposited or withdrawn at any time without penalty, and interest rates are generally much higher than what a Bank or Credit Union offers. Investor’s Choice Accounts require a minimum initial balance of $5,000.
Investor’s Choice Accounts feature no monthly service charges for all accounts with at least a $5,000 balance. That makes our Investor’s Choice Account a great option for investors who are looking for a short or medium term investment. It’s also ideal for investors who need some of their portfolio available on demand and yet want a competitive interest rate on their savings. Click here for Rates.
From time to time MTL is able to offer exceptional rates on limited time specials. See Rates & Specials for more details on these and other offers.
We offer competitive rates on regular savings accounts and junior accounts.
Special rates for seniors are also available.
Guaranteed Investment Certificates
Mennonite Trust offers short term GICs with terms from 30 – 364 days, and long term GICs with terms of 1 to 5 years.
Interest payment options for long term GICs include annual, semi-annual, quarterly, monthly or compounded annually and paid at maturity.
A tax-free savings account (TFSA) is a preferred investment option. A TFSA can hold most of the same investments your other registered accounts can hold. Any income, dividends, or growth earned by those investments is exempt from taxation.
If you haven’t invested to your personal limit for your TFSA, you may be paying more tax than you need to. We can help you make the right contribution and invest in the product best suited for you.
RRSPs, RRIFs, RESPs 1
Through our dealer, Desjardins Financial Security Investments Inc.3, Mennonite Trust is able to offer some of the top fixed rates available in Canada on registered products. We can craft a retirement plan for you to match your risk profile and investment horizon.
Saving for the education of your children couldn’t be easier with the Registered Education Savings plan options we have available to you.
We can also provide you with professional advice on whether an RRSP or a TFSA is likely to maximize your after-tax dollar in the long run.
Mutual Funds allow investors to benefit from professionally managed portfolios. There are many different types of mutual funds and it can be a daunting task to try and determine which ones are right for you. Let the trained and certified professionals at Mennonite Trust help you invest your money wisely. Mutual funds are offered through our dealer Desjardins Financial Security Investments Inc.3
Contact a Mennonite Trust financial advisor today to discuss how we can help you save for your goals.
Russell Willems, CFP, BComm is a mutual fund advisor with Desjardins Financial Security Investments Inc. in the provinces of Saskatchewan and Alberta.
PO Box 40, 3005 Central Avenue, Waldheim, SK S0K 4R0
Email: Contact Russ
Fixed-term investment products purchased through Desjardins Financial Security Investments Inc. are covered by CDIC insurance.
1 Commissions, trailing commissions, management fees and expenses all may be associated with mutual funds investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
2 RRSP & RRIF accounts and mutual funds are offered by Mennonite Trust through our dealer Desjardins Financial Security Investments Inc.
3 Mutual funds distributed through Desjardins Financial Security Investments Inc. Tax Preparation services are provided through Mennonite Trust Ltd.
DFS Investments Inc. Presentation and Legal Disclaimer
Desjardins Financial Security Investments Inc. (DFS Investments) is a corporate body separate and apart from Desjardins Insurance4.
DFS Investments is a mutual fund dealer registered in every Canadian province and territory and an exempt market dealer registered in Quebec. It is also registered in every Canadian province and territory for the distribution of insurance products. DFS Investments’ advisors may be qualified to provide advice on mutual funds, exempt market products and other investments products, among other things.
In Québec, DFS Investments is also registered as a restricted dealer, a group insurance of persons and a financial planning firm.
Unless otherwise indicated, investments in products distributed by DFS Investments are not insured, in whole or in part, by the Canada Deposit Insurance Corporation or by another public deposit insurance fund, as the case may be, nor are they guaranteed, in whole or in part, by Desjardins Insurance4, and their value is subject to market fluctuations.