2024 New Year Open Access Transfer Bonus Offer Terms and Conditions

Overview of Bonus Offer

Transfer Bonus

Existing Open Access customers (“Customers”) who satisfy the Transfer Bonus terms and conditions listed below will receive a total bonus of up to C$100 (“Transfer Bonus”) for transferring a total of C$25,000 or more (hereafter called “Transfer”) from another financial institution into one or more Qualified Accounts held with Open Access Limited (“Open Access”).

a) Customers must opt into this offer between December 22, 2023 and March 29, 2024 (see clause 1 below for below more details on how to opt in).

b) The signed transfer form and cheque must be received by Open Access between December 22, 2023 and March 29, 2024 in order to qualify for this offer.

Key dates:

Campaign period: December 22, 2023 to March 29, 2024.

Funding deadline: 30 calendar days after Open Access receives the Transfer in the Customer’s Qualified Account.

Availability of Transfer Bonus

The Transfer Bonus is available to Customers who have attained the age of majority in their province or territory of residence. All investments in an Open Access Qualified Account are subject to standard suitability assessments and the applicable account terms and conditions.

Transfer Bonus Terms and Conditions

Customers who satisfy the following Terms and Conditions will receive the Transfer Bonus.

1. In order to participate in this bonus offer:

Open Access must receive a transfer document signed by the Customer and a cheque from the relinquishing financial institution between December 22, 2023 and March 29, 2024.

The above will be considered as the initiation of the transfer process and as communication of the Customer’s intent to participate in this bonus offer. If the Customer does not opt into this bonus offer via signed transfer document, no bonus will be paid, even if the other terms and conditions are satisfied.

2. This offer applies to RRSP, TFSA, RIF and LIRA accounts (the “Qualified Accounts”).

3. Only assets transferred from other financial institutions outside of Open Access Limited are eligible for this offer.

4. The Transfer Bonus will be paid into the Customer’s Open Access account to which the transfer from the other financial institution was made. If transfers are made to more than one Qualified Account, the Transfer Bonus will be prorated based on the amount transferred to each Qualified Account.

5. In order to receive the Transfer Bonus, the Transfer must remain invested for at least 365 calendar days. However, switches to eligible investments in the Qualified Account during this time frame will not result in the Customer’s disqualification from this offer.

6. The Transfer Bonus will be paid by the Funding Deadline, provided that all terms and conditions of this offer have been satisfied.

7. There is a limit of one Transfer Bonus per Customer.

8. There may be tax implications to the Transfer Bonus. For transfers to an RRSP account, an RRSP contribution receipt will be issued for the Transfer Bonus. For transfers to a TFSA account, the Transfer Bonus will be reported as a contribution. If you require tax advice, please contact your personal tax advisor.

9. This offer cannot be combined with any other offer for the same investment in an Open Access account.

10. The terms and conditions of this offer, including its overall availability, are at the sole and absolute discretion of Open Access and are subject to change at any time without prior notice.

Commissions, trailing commissions (if applicable), management fees and expenses all may be associated with mutual fund investments. Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the mutual fund will be able to maintain its net asset value per security at a constant amount or that the full amount of your investment in the fund will be returned to you. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Distributions are not guaranteed and are subject to change and/or elimination.

Learn more about the services we do and don’t provide – and how we get paid – at https://openaccessltd.com/