Chorus II Portfolios

No deemed sale

In a Chorus II Corporate Class portfolio, your assets can have more room to grow thanks to tax deferral.

In a conventional structure, each portfolio within a family of portfolios is independent of the others.

Transfers from one non-registered portfolio to another are treated by the tax authorities as sale transactions and any resulting capital gains are taxable.

In a Corporate Class structure, the portfolios form a single entity.

Transfers do not give rise to immediate deemed sales or tax liabilities as long as capital remains within the Corporate Class.

Interfacing portfolios

Furthermore, in a Corporate Class structure, portfolios interface, which means that losses in one portfolio may offset gains in another.

The net effect is that managers can generally avoid making annual taxable distributions.

And that boosts growth in your portfolio.