At a time when only the major Canadian banks offer registered disability savings plans, Global Prosperata Funds Inc. of Richmond Hill, Ont., is making the program available through a network of independent financial advisors across Canada.

The RDSP program is designed to enhance the long-term financial security of people with disabilities, allowing eligible beneficiaries to take advantage of matching federal grant and bond incentive programs.

Global Prosperata says its newest mutual fund offering, the Capital Preservation Fund, is well suited for an RDSP because of its low volatility, consistent returns and regular stream of income.

“We’re delighted to support and offer a program that finally meets the needs of over 1.5 million Canadians with lifetime disabilities,” says Glenn Moore, vice president, Global Prosperata. “By offering the Capital Preservation Fund through independent financial advisors, we can help more Canadians.”

“We look forward to working with advisors and their clients’ families and assisting them in understanding how they can effectively build their savings and maximize benefits of the RDSP,” Moore says.

The new fund is also suitable as a retirement income account, and is available for RRSPs, RRIFs, RESPs, TFSAs and investment accounts, the company says.

Global Prosperata Funds Inc. is a member of the Global family of companies, which include Global Maxfin Investments Inc., Global Maxfin Capital Inc., Global Insurance Solutions Inc., and Global Educational Marketing Corp.

IE