Paying low commissions to order growth stocks and exchange-traded funds
is possible because of ShareOwner's unique Fund-Building Service.

How the Fund-Building Service Works

Clients make their choice of securities from ShareOwner's list of:
Pre-screened Canadian and U.S. growth stocks; and,
Exchange-Traded Funds (ETFs) that represent stock market indexes from around the world.
   
Fund-Building Trades
ShareOwner combines all client orders – to buy or sell a security – into one Fund-Building Order that is executed in the stock market.

Buyers pay, and sellers receive, the same average price paid (or received) for all shares included in the Fund-Building Order.

For example, a week of client orders to buy or sell Royal Bank shares are accumulated and combined into a Fund-Building Order that is executed on Fridays. The somewhat less-popular shares of Canadian Western Bank are traded once a month – on the second Friday.

Investors participate in a Fund-Building Order by providing ShareOwner with online instructions:
  (1) to buy, with cash in their investment account or with an electronic funds transfer from a bank; or,
  (2) to sell, and deposit the proceeds into their investment account or receive a cheque.
     
Dollar-Based Orders
The Fund-Building Service lets an investor purchase a single security or a diversified portfolio with convenient dollar amounts, such as ... $100 ... $500 … $1,000, instead of often-expensive board lots of 100 shares.

Busy, self-reliant investors enjoy additional convenience by setting up automatic withdrawals from a chequing account – every 1, 2 or 3 months – to buy a diversified portfolio (or single security) with an amount that easily fits their cash flow.

Fund-Building Orders

Buy as much as you like via the Fund-Building Service

 

*Add more stocks for more diversification, without more cost.  Maximum Total Order Cost is $36, in the currency of the account.  For orders of three or fewer stocks, the order cost is in the currency  of the trade.



Sell as much as you like via the Fund-Building Service

Order the sale of as much as you like of a single security, and pay a commission of only $19.
Commission is charged in the currency of the trade.

Single-Security Market Orders*

Online Orders


Buy or sell immediately, as much or as little as you like of a single security, and pay a commission of only $29.

Telephone Orders

Buy or sell immediately, as much or as little as you like of a single security, and pay a commission of only:
$39 for trades on a Canadian Exchange.
$43 for trades on a U.S. Exchange.
 
Market-order commissions are charged in the currency of the trade.
 

Call toll-free 1-866-644-6881 (416-595-0010 in the Greater Toronto Area)

*Commissions on market orders are charged in the currency of the trade.


Free Dividend Reinvestment

All eligible securities held in accounts at ShareOwner enjoy automatic and complete dividend reinvestment to four decimals.
 
Investments Grow Faster with Automatic Compounding

Busy investors enjoy the automatic compounding of returns with ShareOwner's complimentary dividend-reinvestment service.

ShareOwner automatically reinvests all cash dividend and buys more shares – including fractional shares to four decimals.

Example

Suppose that:
  1. a stock pays you quarterly cash dividends that total $18.00; and,
  2. that the stock is trading at $36.55.
     
ShareOwner reinvests the dividends and deposits 0.4925 of one share to your account.

No other investment dealer in Canada automatically reinvests dividends on common stock to four decimals.


Account Withdrawal
  Non-RSP  12
  RSP   48
  Home Buyers' Plan Withdrawal 100
  Life Long Learning Plan Withdrawal 100
   
Transfer Out per Security (including cash)   25
  (Maximum of $107 per account)  
   
Contribution of a Security from a
Non-RSP Account to a RSP Account
    8
  (Maximum of $29 per account)  
 
RSP Administration Fee
RSP Administration Fee (per year or part thereof)   59
LIRA/Locked-In RSP (per year or part thereof) 100
   
Account Statements  
  Online at www.Investments.ShareOwner.com  Free
  Monthly Account Statement – mailed (per year or part thereof)   36
  Copy of a Non-Current Statement   25
   
Account Investigation Fee (per hour or part thereof)   75
Estate Processing Fee 150
Order a Share Certificate   40
Manual Order Processing fee   18
Non-Sufficient Funds   30