Invisor protects your investments in the following ways:
1. Third party custodian:
Your investments are held in an account at Credential Securities Inc. Invisor only has the right to issue trading instructions against your account in accordance with the investment plan; we cannot access your account other than to receive our monthly advice fee. You are the only one who can deposit to or withdraw from your account.
2. CIPF Insurance:
Investment dealer insolvency doesn’t happen very often, but if it does, the Canadian Investor Protection Fund is in place to ensure your cash and securities are returned to you, within defined limits.
Your account with Invisor, is held in trust for you by Credential Securities Inc., a member of the Canadian Investor Protection Fund. Customers’ accounts are protected by the Canadian Investor Protection Fund within specified limits. A brochure describing the nature and limits of coverage is available upon request or at www.cipf.ca.