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Is my QuietGrowth account a managed fund?

Your QuietGrowth account is not a managed fund. Instead, we provide you with the QuietGrowth service through the Managed Discretionary Account (MDA) structure. We believe the MDA structure has key advantages over the managed fund structure. For example, in an MDA with 'individual HIN', you will have beneficial ownership of the securities in the portfolio instead of owning units in the managed fund.

Also read the answers to the related questions:

• Where are my securities held?
• Is my QuietGrowth account a Separately Managed Account (SMA)?
• Are the QuietGrowth portfolios available anywhere else such as WRAP or SMA platforms?
• What are the advantages of Managed Discretionary Account (MDA) structure through which you offer your service?