In order to better forecast the potential tax implications for your clients with non-registered contracts1, we would like to share with you the estimated tax implications for our DFS GIFs. These estimates were produced based on data received from our portfolio managers at the end of November 2022.
| Name of fund | Estimates as % of market value |
|---|
| Income | Gain | Total |
|---|
| DFS GIF – Conservative | 1.5% | 0.4% | 1.9% |
| DFS GIF – Moderate | 1.5% | 0.8% | 2.3% |
| DFS GIF – Balanced | 1.5% | 1.1% | 2.6% |
| DFS GIF – Growth | 1.5% | 1.4% | 2.9% |
| DFS GIF – Maximum Growth | 1.4% | 1.8% | 3.2% |
| DFS GIF – 100% Equity2 | n/a | n/a | n/a |
| DFS GIF – Conservative – Desjardins SocieTerra | 0.5% | 0.0% | 0.5% |
| DFS GIF – Moderate – Desjardins SocieTerra | 1.8% | 0.0% | 1.8% |
| DFS GIF – Balanced – Desjardins SocieTerra | 1.5% | 0.0% | 1.5% |
| DFS GIF – Growth – Desjardins SocieTerra | 0.3% | 0.3% | 0.6% |
| DFS GIF – Maximum Growth – Desjardins SocieTerra | 0.0% | 0.2% | 0.2% |
| DFS GIF – 100% Equity – Desjardins SocieTerra | 0.0% | 0.0% | 0.0% |
| DFS GIF – Fixed Income – Desjardins Wise ETF3 | 0.0% | 0.0% | 0.0% |
| DFS GIF – Conservative – Desjardins Wise ETF3 | 0.1% | 0.0% | 0.1% |
| DFS GIF – Balanced – Desjardins Wise ETF3 | 0.2% | 0.0% | 0.2% |
| DFS GIF – Growth – Desjardins Wise ETF3 | 1.4% | 0.0% | 1.4% |
| DFS GIF – Maximum Growth – Desjardins Wise ETF3 | 1.4% | 0.0% | 1.4% |
| DFS GIF – 100% Equity – Desjardins Wise ETF3 | 1.1% | 0.0% | 1.1% |
| DFS GIF – Money Market | 1.5% | 0.0% | 1.5% |
| DFS GIF – Canadian Bond | 2.2% | 0.0% | 2.2% |
| DFS GIF – Global Tactical Bond – Desjardins | 0.0% | 0.0% | 0.0% |
| DFS GIF – Diversified Income – Franklin Quotential | 2.1% | 0.0% | 2.1% |
| DFS GIF – Balanced Income – Franklin Quotential | 2.0% | 0.1% | 2.1% |
| DFS GIF – Canadian Balanced – Fidelity | 0.0% | 0.9% | 0.9% |
| DFS GIF – U.S. Monthly Income – Fidelity | 1.3% | 0.3% | 1.6% |
| DFS GIF – Global Balanced – Desjardins SocieTerra2 | n/a | n/a | n/a |
| DFS GIF – Global Balanced – Jarislowsky Fraser | 0.0% | 0.1% | 0.1% |
| DFS GIF – Canadian Balanced – Fiera Capital4 | n/a | n/a | n/a |
| DFS GIF – Balanced Growth – Franklin Quotential | n/a | 0.0% | 1.8% |
| DFS GIF – Canadian Asset Allocation – CI | 1.8% | 2.9% | 2.9% |
| DFS GIF – Canadian Balanced – CI | 0.0% | 0.0% | 0.0% |
| DFS GIF – Canadian Income and Growth – CI | 0.2% | 0.3% | 0.5% |
| DFS GIF – Global Balanced Growth – Desjardins2 | n/a | n/a | n/a |
| DFS GIF – rowth and Income – NEI | 0.5% | 0.0% | 0.5% |
| DFS GIF – Growth RS – NEI Select | 4,9% | 0.0% | 4,9% |
| DFS GIF – Growth – Franklin Quotential | 1.7% | 1.2% | 2.9% |
| DFS GIF – Dividend Income – Desjardins | 0.7%
| 0.0%
| 0.7%
|
| DFS GIF – Canadian Dividend – NEI | 0.8% | 0.0% | 0.8% |
| DFS GIF – Canadian Equity – Desjardins | 3.1% | 6.5% | 9,6% |
| DFS GIF – Canadian Equity – Jarislowsky Fraser | 0.0% | 0.0% | 0.0% |
| DFS GIF – Canadian Equity – Fidelity True North® | 3.4% | 1.6% | 5,0% |
| DFS GIF – Canadian Equity – Franklin Bissett | 2.4% | 1.7% | 4,1% |
| DFS GIF – Canadian Small Cap Equity – NEI | 0.0% | 2.1% | 2.1% |
| DFS GIF – Small Cap – Franklin Bissett | 1.4% | 0.0% | 1.4% |
| DFS GIF – American Equity – MFS4 | n/a | n/a | n/a |
| DFS GIF – American Equity Value – Desjardins | 2.0% | 5,2% | 7,2% |
| DFS GIF – Global Dividend – Desjardins | 2.1% | 2.7% | 4,8% |
| DFS GIF – Global Equity – Desjardins | 0.8% | 1.4% | 2.2% |
| DFS GIF – Global Equity – MFS4 | n/a | n/a | n/a |
| DFS GIF – Global Equity Growth – Desjardins2 | n/a | n/a | n/a |
| DFS GIF – International Equity – MFS4 | n/a | n/a | n/a |
| DFS GIF – International Equity Growth – Desjardins | 0.5% | 1.0% | 1.5% |
1 There are no tax implications for owners of registered contracts (RRSP, RRIF, TFSA, LIRA, LIF, etc.).
2 This fund has been offered since November 28, 2022 and no estimate is currently available.
3 This fund is largely comprised of ETFs and the capital gains estimate does not include the estimated capital gain of ETFs held.
4 No estimate of tax impacts is currently available for this fund.
Important! Note that these are
high level estimates based on the most recent data received from our portfolio managers at the end of November 2022. These estimates do not include expenses ratios attributable to each fund or the potential additional income, capital gains and losses that could be allocated between now and the end of the year. These estimates do not include capital gains and losses realized by the segregated funds on its transactions, if applicable.
When units of the DFS GIF are attributed to a non-registered contract, part of the capital gains or losses can be allocated to the
owners. However, it is difficult to estimate this gain or loss for each owner because the allocation depends on the transactions they made during the year. Capital gains and losses will be communicated to owners individually in the tax slips which will be sent before March 31, 2023.
