T-Class

More cash flow with less tax

Within PIM, T-Class can be used to create a customized, tax-effective stream of monthly cash flow without sacrificing a portfolio's potential for growth.

With T-Class, investors can:

  • Receive monthly payments paid as non-taxable return of capital (ROC).
  • Continue to benefit from tax-deferred compounding.
  • Adjust payouts to preserve access to government benefits.
  • Choose from more than 50 Corporate Class mandates.


Assumes a tax rate of 45% on interest income, 27% on Canadian dividend income and 22% on capital gains. Tax rates based on an average of the highest combined federal and provincial personal income tax rates. Please note that T-Class may pay taxable annual dividends in addition to the return of capital payments.