Tangerine RIF Investment Funds

When you’re ready to begin using your retirement savings as a source of income, a Tangerine RIF Investment Fund Account allows you to draw the income you need while continuing to help you grow your investments.

A Retirement Income Fund (RIF) is designed to provide you with a regular flow of income to supplement other pension income you may receive during retirement. When you’re ready to start drawing on your retirement savings, you simply convert your RSPs to a RIF. Your money continues to benefit from tax-deferred growth in a RIF, but your RIF Plan is structured to pay you as well.

You can continue contributing to your RSPs up to the end of the calendar year in which you turn 71. Rather than withdrawing your RSP savings in one lump sum and paying a huge tax bill, your retirement income and the associated taxes are easier to manage if you convert it to a RIF. But you don’t have to wait until the end of the year you turn 71 to convert to a RIF – you can convert at any time. In fact, the younger you are, the less you’re required to withdraw as income each year.

Key features at a glance:

  • Regular income and tax-deferred growth. A Tangerine RIF Investment Fund Account will provide you with regular income and allow you to continue enjoying tax-deferred growth.
  • A smart indexing strategy. Historically, over 80% of active mutual fund managers haven’t been able to consistently outperform the indexes over the long term.1 That’s why we believe an indexing strategy is a better way to invest.
  • Low cost = better value. The Tangerine Investment Funds have some of the lowest fees (MERs) among all portfolio solutions. The lower the management fees, the more money you keep in your portfolio to grow.
  • Global Diversification. Investing in Canada, the US and internationally allows you to take advantage of the various market opportunities that different geographic regions have to offer.
Unit prices
as of
Tangerine Balanced Income Portfolio
Tangerine Balanced Portfolio
Tangerine Balanced Growth Portfolio
Tangerine Dividend Portfolio
Tangerine Equity Growth Portfolio

Fund information

Tangerine Balanced Income Portfolio

Fund code:
INI210
Unit price:
Date series started:
Jan. 10, 2008
Total value of the Fund:
million (as of )
Distributions:
Annually, December
Management Expense Ratio (MER):

Fund overview

This Fund seeks to provide income with some potential for capital appreciation by investing in both fixed income and equity securities based on a targeted allocation among four distinct asset classes: Canadian bonds, Canadian equities, U.S. equities and international equities. The Fund will invest primarily in Canadian bonds, with some exposure to global equities.

The Canadian bond component seeks to replicate the FTSE TMX Canada Universe Bond Index; the Canadian equity component seeks to replicate the S&P/TSX 60 Index; the U.S. equity component seeks to replicate the S&P 500 Index; and the international equity component seeks to replicate the MSCI EAFE (Europe, Australasia and Far East) Index.

Fund Facts

Asset allocation

How risky is it?

Fund performance

as of 1 year3 years5 yearsInception*
Balanced Income Portfolio

Tangerine Balanced Portfolio

Fund code:
INI220
Unit price:
Date series started:
Jan. 10, 2008
Total value of the Fund:
million (as of )
Distributions:
Annually, December
Management Expense Ratio (MER):

Fund overview

This Fund seeks to provide a balance of income and capital appreciation by investing in both fixed income and equity securities based on a prescribed allocation among four distinct asset classes: Canadian bonds, Canadian equities, U.S. equities and international equities. The Fund will remain relatively balanced between bonds and equities and between Canadian and non- Canadian securities.

The Canadian bond component seeks to replicate the FTSE TMX Canada Universe Bond Index; the Canadian equity component seeks to replicate the S&P/TSX 60 Index; the U.S. equity component seeks to replicate the S&P 500 Index; and the international equity component seeks to replicate the MSCI EAFE (Europe, Australasia and Far East) Index.

Fund Facts

Asset allocation

How risky is it?

Fund performance

as of 1 year3 years5 yearsInception*
Balanced Portfolio

Tangerine Balanced Growth Portfolio

Fund code:
INI230
Unit price:
Date series started:
Jan. 10, 2008
Total value of the Fund:
million (as of )
Distributions:
Annually, December
Management Expense Ratio (MER):

Fund overview

This Fund seeks to provide capital appreciation and some income by investing in both equity and fixed income securities based on a prescribed allocation among four distinct asset classes: Canadian bonds, Canadian equity, U.S. equity and international equity. The Fund will invest primarily in equity securities, with some exposure to Canadian bonds.

The Canadian bond component seeks to replicate the FTSE TMX Canada Universe Bond Index; the Canadian equity component seeks to replicate the S&P/TSX 60 Index; the U.S. equity component seeks to replicate the S&P 500 Index; and the international equity component seeks to replicate the MSCI EAFE (Europe, Australasia and Far East) Index.

Fund facts

Asset allocation

How risky is it?

Fund performance

as of 1 year3 years5 yearsInception*
Balanced Growth Portfolio

Tangerine Dividend Portfolio

Fund code:
INI235
Unit price:
Date series started:
Nov. 2, 2016
Total value of the Fund:
Performance information for the Tangerine Dividend Portfolio is not available because the Fund is less than one year old.

Distributions:
Annually, December
Management Expense Ratio (MER):
1.07%

Fund overview

This Fund seeks to provide capital appreciation and dividend income by investing in equity securities of companies from around the world that are expected to pay dividends. This Fund follows a prescribed allocation among three distinct asset classes: Canadian dividend equity, U.S. dividend equity, and international dividend equity.

The Portfolio's investment strategy is designed to track the index performance of the MSCI Canada High Dividend Yield Index, the MSCI USA High Dividend Yield Index, and the MSCI EAFE High Dividend Yield Index.

Fund Facts

Asset allocation

How risky is it?

Fund performance

Performance information for the Tangerine Dividend Portfolio is not available because the Fund is less than one year old.

Tangerine Equity Growth Portfolio

Fund code:
INI240
Unit price:
Date series started:
Nov. 21, 2011
Total value of the Fund:
million (as of )
Distributions:
Annually, December
Management Expense Ratio (MER):

Fund overview

This Fund seeks to provide capital appreciation by investing in equity securities based on a prescribed allocation among three distinct asset classes: Canadian equity, U.S. equity and international equity. The Fund invests primarily in equity securities.

The Canadian equity component seeks to replicate the S&P/TSX 60 Index; the U.S. equity component seeks to replicate the S&P 500 Index; and the international equity component seeks to replicate the MSCI EAFE (Europe, Australasia and Far East) Index.

Fund Facts

Asset allocation

How risky is it?

Fund Performance

as of 1 year3 years5 yearsInception*
Equity Growth Portfolio

Invest in Tangerine Investment Funds™ today.

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1 The S&P Indices Versus Active Funds (SPIVA®) Canada Scorecard, Year End 2015, by S&P Dow Jones LLC, indicated that over 80% of active mutual fund managers could not beat their respective market index benchmarks for the 5-year period ended December 31, 2015.

* Inception as of January 10, 2008. Equity Growth Portfolio inception as of November 21, 2011. Dividend Portfolio inception as of November 2, 2016.

As at December 31, 2013, the management expense ratio (MER) for the Tangerine Investment Fund Portfolios was 1.07%. At the end of 2015, the asset-weighted average MER for Long Term Funds is 2.13%. Source: Investor Economics Insight, January, 2016.

Mutual funds are not insured by CDIC.