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Discussion Starter #1
Anyone know if we can set up a DRIP on TD eseries index funds? It mentions on their website that some funds can be driped, just wondering if anyone on the forum has set it up on the eseries.
 

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Yes. Just select the reinvest distributions option when purchasing. This feature is common amongst all mutual funds.
 

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I don't know DRIP adds any value because you pay no cost when buying e-series funds and I assume they discount the units that you buy with re-invested funds.
 

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I don't know DRIP adds any value because you pay no cost when buying e-series funds and I assume they discount the units that you buy with re-invested funds.
If you don't DRIP, you'll have to wait until the minimum additional investment amount accumulates... typically $100. If you DRIP, additional units are purchased for even very modest amounts.

There is no discount in DRIPing open-ended mutual funds.
 

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Discussion Starter #5
According to the application for an e-series account dividends are automatically reinvested unless you ask to be paid distributions in cash.
 
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