Investing

TD e-Series funds Megathread (Post all your questions here)

  • Last Updated:
  • Apr 10th, 2018 2:09 pm
Deal Addict
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Dec 27, 2011
2496 posts
1032 upvotes
Toronto
I have a bunch of e-series funds in a non-registered account that I'll need to sell soon as I need the money. Does anyone know approximately how many business days it'll take for the funds to appear in my chequing account once I hit the sell button?
Sr. Member
Feb 1, 2015
608 posts
133 upvotes
MB
crystallight wrote:
Apr 1st, 2017 4:18 pm
I have a bunch of e-series funds in a non-registered account that I'll need to sell soon as I need the money. Does anyone know approximately how many business days it'll take for the funds to appear in my chequing account once I hit the sell button?
The next business day if redeemed before 3 pm EST.
Deal Addict
Apr 18, 2013
1508 posts
455 upvotes
Canada
Once my account is set up, and I transfer over my I series funds to e-series funds, does my PPP automatically transfer over with the transfer to the e-funds, or do I need to set up new PPP's?
Newbie
Mar 20, 2009
81 posts
44 upvotes
I have 2 questions about an resp with e-series :

How much time it's take to the governement to add the 20% ?

Is the e-series available for the 10 % from the province of Quebec? (QESI)

thank you
Jr. Member
Dec 4, 2012
140 posts
98 upvotes
Calgary
Hello, is there a big difference between opening an e-series through self-directed (Waterhouse) vs. just through EasyWeb? I know you have to maintain a minimum balance for the Waterhouse account/and or contribute the $100/mo. But can I achieve the same thing through opening a MF through just EasyWeb?
Jr. Member
May 30, 2015
192 posts
84 upvotes
I have a question about TD MF e-series related with tax return reporting.

I had a MF e-series, Non-Registered account. I created the account in mid 2015.
On Jan 2017 I redeemed the funds and used the cash for investments in TDDI account.

Since I redeemed the cash in Jan 2017, does that mean that it will be reported in tax year 2017?
I did not receive any T3 for this transaction.
I guess my confusion is about which things are considered by fiscal year (Apr 1 to Mar 31 next year) and which things are considered by calendar year.

Thx
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User avatar
Sep 14, 2008
1618 posts
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Winnipeg
pinkfries wrote:
Apr 5th, 2017 11:08 am
Hello, is there a big difference between opening an e-series through self-directed (Waterhouse) vs. just through EasyWeb? I know you have to maintain a minimum balance for the Waterhouse account/and or contribute the $100/mo. But can I achieve the same thing through opening a MF through just EasyWeb?
I used method #2 in the link below. And it was setup in less than 10 days (had to call the helpline after 7 days of filling out forms to get login info )
Different ways in which to open e-series account
Newbie
Jan 30, 2017
14 posts
3 upvotes
So I have started doing the E-series following the Coach Potato "assertive" model,

- So how much do you guys put in each index fund per month?

Debating whether I should put less or more than $200 (total) a month, as this is a long term savings investment, I don't know whether there is a big rush to put in all my money in it on a monthly basis..
Newbie
Mar 20, 2009
81 posts
44 upvotes
xMayyy wrote:
Apr 12th, 2017 5:50 pm
So I have started doing the E-series following the Coach Potato "assertive" model,

- So how much do you guys put in each index fund per month?

Debating whether I should put less or more than $200 (total) a month, as this is a long term savings investment, I don't know whether there is a big rush to put in all my money in it on a monthly basis..
If you are with easyweb the minimum purchase is 100$ by fund. You will need at least 400$ if you split it by 25% each.

For the second part maybe read this article :

http://canadiancouchpotato.com/2013/05/ ... ging-work/

Here's a sentence responding your question...

Roy, the eponymous hero of The Wealthy Barber, made DCA seem like magic: “Dollar cost averaging is as close to infallible investing as you can get. It genuinely slants the odds in the investor’s favour.” Unfortunately, that’s simply not true. Academics have been studying dollar-cost averaging for more than 30 years, and the results are clear: DCA usually results in lower long-term returns.
Newbie
Jan 30, 2017
14 posts
3 upvotes
mathbes wrote:
Apr 12th, 2017 6:22 pm
If you are with easyweb the minimum purchase is 100$ by fund. You will need at least 400$ if you split it by 25% each.

For the second part maybe read this article :

http://canadiancouchpotato.com/2013/05/ ... ging-work/

Here's a sentence responding your question...

Roy, the eponymous hero of The Wealthy Barber, made DCA seem like magic: “Dollar cost averaging is as close to infallible investing as you can get. It genuinely slants the odds in the investor’s favour.” Unfortunately, that’s simply not true. Academics have been studying dollar-cost averaging for more than 30 years, and the results are clear: DCA usually results in lower long-term returns.
Thank you for clarifying
Deal Fanatic
User avatar
Apr 16, 2006
5952 posts
360 upvotes
xMayyy wrote:
Apr 12th, 2017 5:50 pm
So I have started doing the E-series following the Coach Potato "assertive" model,

- So how much do you guys put in each index fund per month?

Debating whether I should put less or more than $200 (total) a month, as this is a long term savings investment, I don't know whether there is a big rush to put in all my money in it on a monthly basis..
If you do pre-authorized payments, the minimum contribution for each fund goes down from $100 to $25.

I contribute $100 / week to my account, split at $25.00 per fund per weekly contribution. Total contributed is $5200 / year.
Deal Addict
Nov 12, 2008
1914 posts
363 upvotes
Aurora
pinkfries wrote:
Apr 5th, 2017 11:08 am
Hello, is there a big difference between opening an e-series through self-directed (Waterhouse) vs. just through EasyWeb? I know you have to maintain a minimum balance for the Waterhouse account/and or contribute the $100/mo. But can I achieve the same thing through opening a MF through just EasyWeb?
In terms of opening the account, it's easier (less paperwork) to open the EasyWeb account. And it's also easier to use as it's all in your EW which you are already familiar with. No separate system/login to access.
I opened both accounts, but ended up using my WebBroker account because I wanted to buy securities other than mutual funds (which EW won't let you do). If all you're want to buy is e-series then then there is no difference which account you use to purchase them. You can always open a WB account later on if you want to buy more than just mutual funds.

I never tried owning an identical fund in both EW and WB - I wonder how TD will handle it.
Jr. Member
Aug 26, 2014
130 posts
55 upvotes
Markham, ON
mathbes wrote:
Apr 4th, 2017 4:51 pm
I have 2 questions about an resp with e-series :
How much time it's take to the governement to add the 20% ?
Is the e-series available for the 10 % from the province of Quebec? (QESI)
thank you
After initial setup and a lump sum contribution, it took about 5 weeks before we received the 20% grants. After that, on a monthly contribution it usually takes about 2 weeks before the 20% shows up. This is for Ontario but I would think it's the same at the federal level.
Sorry, can't answer your QESI question.
Deal Addict
May 3, 2005
1082 posts
80 upvotes
Woodbridge
I'm curious about something. Let's say you follow the CCP models and have most of your RRSP in the e-series funds, what happens when you reach retirement age? Is it still recommended to stick with the e-series funds (albeit with the %s favouring bonds) or switch them to another more conservative model?
Deal Addict
Jul 23, 2007
3365 posts
1171 upvotes
lobo wrote:
Apr 15th, 2017 2:14 pm
I'm curious about something. Let's say you follow the CCP models and have most of your RRSP in the e-series funds, what happens when you reach retirement age? Is it still recommended to stick with the e-series funds (albeit with the %s favouring bonds) or switch them to another more conservative model?
I guess it depends how risk averse you are. I've been in retirement for just over a decade now and the RRSP's are in a mix of 40% bonds (real return and nominal), and 20% allocated to each of Canadian, U.S. and International equity. Using both broad based market index Vanguard ETF's and TD e-Series funds. Any cash going into the account lately, has been going monthly into the TD e-Series, since I'll have to start doing minimum withdrawals from RRIF's in just a few years time. I'm not an expert and other retiree's may have their own preferences, but this is what seems to work fine for us.

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