Q: Answer on autowash for question just posted.
Yes, TD ofers it and that is who we currently invest with. Basically, when you sell a U.S. stock it stays in U.S. currency in a moneymarket fund and when you place a U.S. order, the money in the U.S. moneymarket is used to fill it. This prevents you from contantly having to pay currency conversion fees. We have it on both our RRSPs and TFSA accounts. It's not usually offered in non-registered because you would just have a U.S. trading account. Hope this asnwers the question.
Yes, TD ofers it and that is who we currently invest with. Basically, when you sell a U.S. stock it stays in U.S. currency in a moneymarket fund and when you place a U.S. order, the money in the U.S. moneymarket is used to fill it. This prevents you from contantly having to pay currency conversion fees. We have it on both our RRSPs and TFSA accounts. It's not usually offered in non-registered because you would just have a U.S. trading account. Hope this asnwers the question.