May 2015

Financial Tip of the Month:


Most of us spend more time planning our vacations than we do for our future.  That is why my tip for this month is to identify 3 steps you can take to improve your financial future.  Keep it simple, and for some help, complete our questionnaire:  'Take Charge of My Financial Future'.  By completing this checklist, it will help to ensure you are on track in managing your financial future.


Remember, it's not the planning itself that fails, but the execution of the plan is what often stalls somewhere along the line.

The 2015 Federal Budget has proposed to contribute an additional $4,500 into your Tax Free Savings Account for 2015.


2015 Federal Budget Key Summary


TFSA Change:  We are now contacting clients to ensure you take advantage of maximizing your TFSA.  Please note, that  while these transfers have been allowed, the budget has not yet officially passed.



New RRIF Rules:


RRIF withdrawal limits have been lowered for 2015. We will be in touch with clients to explain the new mandates.





Candian Equities Update


The latest installment of the Portfolio Construction explains that even though equity markets may experience some volatility, the overall long term return of the assets is a upward slope. Continue Reading



Templeton Growth Manager Change


Long time fund, Templeton Growth has recently announced a manager change to James Harper and Heather Arnold.

Read Bio







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Trustee Fees: Please note that Trustee fees for RRSP, LRSP, RRIF, LIF will be charged in early June. 



Janine in the  Media: 


Listen to Janine's Interview on 105.9 The Region new segement- TheFEED.

New TFSA contribution limits, RRIFs and quick tips for a successful retirement. (click here)


Janine Purves on 105.9  TheFEED April 25-15
Janine Purves on 105.9 TheFEED April 25-15

Wealth Matters Webcast


Latest Wealth Matters provides insight on alternative uses for a portion of fixed income assets and outlook on the Canadian equity markets with Duane Snow and Darren Dansereau. To acess the webcast click here



Get All Your Newsletters via e-mail:  We provide Well Advised quarterly, which is available by mail or e-mail.  To opt for the e-mail version, please send us a request.

Spring 2015 Newsletter

Favourite Website or Newsletter: 


Today, I share with you a newer idea in Canada to invest in Multi-Limited Partnerships (MLP).  While this is more of an investing idea, it's availability in Canada has been limited, and it provides an infrastructure income stream that can help with long-term income flow.  Here's an interesting video explaining the concept. Click here
For more information, please always check with your advisor.


Thank you  Oak Ridges Community Centre

for hosting Women & Money


We had fabulous response to the workshop, and a few more requests to hold it.  We will keep you posted.  In the meantime, we will be offering some other options in the coming months.  Please stay tuned to hear what we will be offering in the future.





Richmond Hill Centre of Performing Arts will be hosting their 2015-2016 season launch on May 7, 2015. I am excited to attend as an upcoming sponsor of the new Season. 




Janine and her team are always extremely helpful and accommodating, regardless of the situation or inquiry ... or size of my portfolio. It's been a rewarding personal experience having Janine as my financial 'guru'.

- Alice Zaharchuk


REFERRALS: Thank you for your referrals. We really appreciate you passing along our name.  If you know somebody who needs a 2nd opinion on their portfolio, or who really needs to focus on planning for the future and setting some objectives, I can help.  Ensuring you have the retirement income you need and paying the least amount of tax along the way is how I enable you to meet your personal financial objectives.  




Quote of the Month in Celebration of Mother's Day this weekend:


When you are a mother, you are never really alone in your thoughts. A mother always has to think twice, once for herself and once for her child.

-Sophia Loren



Janine Purves, CFP, CPCA

This material is provided for general information and is subject to change without notice. Every effort has been made to compile this material from reliable sources however no warranty can be made as to its accuracy or completeness. Before acting on any of the above, please make sure to see me for individual financial advice based on your personal circumstances. The opinions expressed are those of the author and not necessarily those of Assante Capital Management Ltd.

Insurance products and services are provided through Assante Estate and Insurance Services Inc. Assante Capital Management Ltd. is a member of the Canadian Investor Protection Fund and is registered with the Investment Industry Regulatory Organization of Canada.

Assante is an indirect, wholly-owned subsidiary of CI Financial Corp. ("CI"). The principal business of CI is the management, marketing, distribution and administration of mutual funds, segregated funds and other fee-earning investment products for Canadian investors through its wholly-owned subsidiary CI Investments Inc. If you invest in CI products, CI will, through its ownership of subsidiaries, earn ongoing asset management fees in accordance with applicable prospectus or other offering documents.

Commissions, trailing commissions, management fees and expenses, may all be associated with mutual fund investments.  Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.  Please read the prospectus and consult your Assante Advisor before investing.

Janine Purves  


Senior Financial Advisor

Assante Capital Management Ltd.


Ph (905) 707-5220

Fax (905) 707-1035


9130 Leslie St.,

Suite 302,

Richmond Hill,

ON L4B 0B9


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