1 Short-Term Redemption Fee Policy

Funds held for less than 30 days are subject to a short-term redemption fee of 1% of redemption value or $45 (whichever is greater) and are in addition to any fee(s) the mutual fund company itself may charge.

2 Commissions and interest rates are subject to change without notice. All other rates and fees are subject to change upon 60 days prior notice. For the most current schedule of rates and fees refer to the Commission Schedule and Statement of Disclosure of Rates & Fees.

3 Your household's quarterly trading activity will be reviewed on a monthly basis. The $7 Flat Fee Commission Rate is automatically effective by the 4th business day of each month using your eligible trading activity from the previous three calendar months. An eligible trade is defined as a commissionable filled equity or option order. Household accounts are defined as those TD Direct Investing accounts for clients living in the same household, with the same address. You must advise TD Direct Investing of these multiple account relationships. Trades executed through TD Direct Investing Global Trading are excluded for the purpose of evaluating your qualification for the $7 Flat Fee Commission Rate.

4 The maintenance fee will be evaluated at the end of each calendar quarter.

5 Trades which are considered to have incurred a commission or fee are: Buys and sells of Equities, Options, Mutual Funds with fees (excludes MERs), Fixed Income – Bonds, Treasury Bills, Bankers’ Acceptances, Bearer Deposit Notes, Commercial Paper and Crown Corporation Money Market Instruments. Buys and sells of GICs, Term Deposits, Canada Savings Bonds, Money Market Mutual Funds and Provincial Savings Bonds are not eligible trades.

6 Based on assets under administration and trading volume of Online/Discount Brokerage firms in Canada as reported by Investor Economics in the “Online/Discount Brokerage Market Share Report" for the quarter ending September 30, 2018.

7 This offer is applicable to any new or existing client who opens a new TD Direct Investing account and transfers $25,000 or more in assets to the new account from another financial institution.



To qualify, a client must provide evidence of transfer expenses charged by the outgoing financial institution in an account statement that shows the transfer charge. Reimbursement for a transfer that qualifies will be deposited into the new account in the calendar month following completion of the transfer process. Each client is eligible to be reimbursed to a maximum of $150 for each eligible transfer for up to four transfers. A client is defined as a person or people with a grouping of accounts with the same 6 digit identifier, which can be found on account statements.



There may be tax implications associated with the reimbursement. Clients should consult with their personal tax advisor for more information. For registered plans, the amounts reimbursed are paid directly to the plan and are not considered a contribution to an RSP, RESP, TFSA, or RIF.



All account types qualify for this offer other than locked-in registered accounts and RDSP accounts which are not eligible for this offer.



The reimbursement will be paid in Canadian dollars to the qualifying account(s).



This offer may be changed or withdrawn at any time without notice.