This calculator is provided for illustrative and educational purposes only and does not constitute investment, tax, legal, or financial advice.
Assumptions Used in This Projection
Monthly contributions for up to 204 months (17 years).
Contributions end in the calendar year the child turns 17.
If the child is already older, the total contribution period will be shorter.
Government grants are calculated at 30% of eligible annual contributions, subject to a lifetime maximum of $10,800.
A fixed annual rate of return is assumed.
An annual Management Expense Ratio (MER) is applied proportionally to investment returns.
All investment earnings are assumed to be reinvested.
Withdrawal is assumed to occur at the end of the 17th year (no additional growth beyond that point).
MER Impact
The MER impact shown represents the estimated long-term reduction in portfolio value compared to a scenario with no annual fee. This reflects both:
Direct fees deducted over time, and
The effect of lost compound growth on those fees.
Fund Comparison Feature
The Fund Comparison feature illustrates the mathematical impact of different MER levels over time, assuming the same constant annual rate of return for each fund.
It does not predict or imply that one fund will outperform another. Actual performance will vary and may differ materially due to:
Asset allocation differences
Risk profile
Market conditions
Investment strategy
Management decisions
Important Limitations
This calculator does not account for:
Front-end or back-end sales charges
Taxes or inflation
Changes in government grant programs
Market volatility
Changes in contribution timing
Individual financial circumstances
Investment returns are assumed to be constant for modeling purposes only. Actual returns will fluctuate and may be higher or lower than illustrated. The results shown are estimates only and are not guaranteed.
