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How do I set up an automatic Mutual Fund purchase or withdrawal?
To set up an automatic Mutual Fund purchase or withdrawal (redeem), contact an Investment Representative at 1-800-465-5463.
Purchase or withdraw Mutual Funds
Purchase: With a TD Direct Investing Systematic Investment Plan (SIP) you can purchase units in Mutual Funds and often avoid the higher minimum investment amounts frequently required by many leading fund companies.
Withdraw: The Systematic Withdrawal Plan (SWiP) lets you withdraw (redeem) a prearranged amount of your Mutual Funds holdings (minimum $50). With a SWiP, you can supplement your monthly cash flow, plan required minimum RIF withdrawals, or move assets between Mutual Funds along with your SIP.
Why set up a SIP or SWiP:
- Available in all account types, including registered.
- Set up your SIP using cash from your TD Direct Investing account or from an account at any Canadian financial institution.
- Invest a minimum of $100/month and you could qualify to have your maintenance fees waived.
Please note that the answers to the questions are for information purposes only for the products discussed. Individual circumstances may vary. In case of discrepancy, the documentation prevails.