Canadian ShareOwner Investments Inc. is offering dividend reinvestment and regular purchase plans for exchange traded funds. CSI says it has added the 12 iUnits ETFs managed by Barclays Global Investors Canada Limited to its roster of securities for clients to buy and sell.

“People buying iUnits ETFs for their low management expense ratios have had to give up some of the services available from higher-cost mutual funds when trading in relatively small amounts,” says company president John Bart. CSI has changed that for iUnits by giving investors free dividend and interest reinvestment; dollar-based buying; and pre-authorized purchasing every one, two or three months.

“And we’ve matched the low MERs of ETFs with correspondingly low buying commissions that start at $2.42 per purchase. Now it is economical for investors to buy modest amounts of ETFs on a regular schedule. Practicing dollar-cost averaging in these turbulent markets helps investors minimize short-term risk and maximize long-term returns.”