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What is the difference between registered and non-registered funds?

April 26, 2017difference funds non-registered registered

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What is the difference between registered and non-registered funds?

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Registered funds shelter your investments and their earnings from tax, while non-registered funds do not. A registered fund is typically used for long-term investments, like your retirement or child’s education. Investing in a non-registered fund may be a good strategy for meeting short-term goals such as saving for a house or vacation.