What happens to Golden Opportunities Fund Shares when the Shareholder dies?
When the “Principle Contributor” dies the value of the Shares may be transferred to a surviving spouse on a tax-deferred basis, if directed by Designation of Beneficiary or by Will. The Principle Contributor is defined as the annuitant for an individual RRSP or an individual non-registered account and as the contributing spouse on a spousal RRSP account or the first name on the account for a joint account. The Shares may also be redeemed by the beneficiary without Federal and Provincial Tax Credits or redemption fees withheld.
