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Children's Education Funds Inc.
Canada
1991 (34 Years)
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What are the differences in regulations for each
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A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Children's Education Funds Inc.
Company Information
Get to know Children's Education Funds Inc.
Children’s Education Funds Inc. (CEFI) has been a leading provider of Registered Education Savings Plans (RESPs) since 1991. CEFI helps Canadian families save for post-secondary education savings goals of Canadian families. Headquartered in Ontario, CEFI offers three distinct plans: the CET Group Option Plan, the CET Achievers Plan and the CET Self-Initiated Option Plan, all designed to help to meet individual family’s needs. As part of their service CEFI helps their subscriber access any provincial and federal government incentives they may be eligible to receive. They will also help your family access value added insurance packages to protect your investment. CEFI focuses exclusively on education savings and have highly trained licensed dealing representatives conveniently located across Canada. A hands on investing approach has resulted in the Group option Plan paying out the highest scholarships 21 years in a row.1 As of December 31, 2017, CEFI has had over $1 billion in assets under management and paid out more than $87 million to Canadian families in 2017. CEFI offers regular communication with investors, including annual statements and access to RESP accounts online, anytime, helping to keep investors up-to-date on their scholarship plans. They are also a proud Air Miles Reward Miles® Sponsor. 1. CEFI has compared its Scholarship payments for the Group Option Plan to those of other Group Scholarship Plans through publicly available financial statements and prospectus documents at www.sedar.com. On the basis of this comparison CEFI has determined that its Group Option Plan has paid the highest Scholarship payments per unit to beneficiaries from 1997 to 2017 inclusive. ® TM Trademarks of AIR MILES International Trading B.V. Used under license by Loyalty Management Group Canada Inc. and Children’s Education fund.
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- Financial InsurancePRIMARY
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