Automatic Withdrawal Plan

An Automatic Withdrawal Plan lets you receive regular payments from your non-registered Scotia Securities Inc. (SSI) Account.

How it works:
  • You determine the amount (subject to the applicable minimum withdrawal amounts) and which ScotiaFund(s) you would like to redeem.
  • You can choose to receive payments monthly, quarterly, semi-annually or annually.
  • We'll automatically sell the necessary number of units to make payments by cheque or deposit to your bank account.
  • If you sell units within 31 days of buying them, you may have to pay a short-term trading fee.
  • You may realize a capital gain or loss - capital gains are taxable.
  • You can change the funds and the amount or frequency of your payments, or cancel the plan by advising us in writing.
  • SSI can change or cancel the plan, or waive the minimum amounts at any time
More information that may interest you

Legal and Regulatory Information

 

Contact ScotiaMcLeod to invest online or by phone.

Convenient ways to invest in ScotiaFunds

Online

Online through Scotia OnLine®

By phone
1-800-268-9269
In Person

At your local Scotiabank branch