Pool dividends from dividend-paying equities
Most stocks and exchange-traded funds that pay dividends are eligible.
Tap the FRIPTM pool to buy, commission-free, up to five eligible* securities at a time
You’re not confined to reinvesting back into the securities that generated the dividends.
Change your FRIP™ selections at any time
That’s one of the reasons we call it flexible.
Align dividend reinvestment with your investment strategy
Incorporating commission-free flexible dividend reinvestment into your investment strategy, means you can:
- Help rebalance your investment portfolio
- Target a single stock or ETF
- Utilize a set-it-and-forget-it strategy or change your reinvestment selections as often as you like
- Dollar cost average your investments