Bright Plan

Simple, Smart Education Savings

Tailored investments and managed growth


The Bright Plan RESP evolves as your child ages.

  • Age-based rebalancing: Bright Plan shifts the investment mix from equities when your child is young, to fixed income assets as they get older. This means you maximize your growth early and preserve your gains as high school graduation approaches.
  • A global portfolio of ETFs: Exchange traded funds are cost effective. We invest in a pool of global ETFs and diversify risk inexpensively.
  • Actively tracked and rebalanced: A team of professional portfolio managers actively track and rebalance the portfolio with the objective of delivering secure growth over time.
  • Strong Value: For one simple fee of 1.5% (+ tax) per year, your money works for you in our diversified, actively rebalanced fund, designed specifically for education savings.

See how you can expect to save with Bright Plan.

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  • Full 18 years

    If you invest $165 a month from when your child is born, your projected savings could be $56k by the time they’re 18 years old*
    * The projected value, net of all fees, includes contributions, government grant, income on contribution and grant earned to date, future scheduled contributions (if any) and government grants you are expected to accumulate. The projected income is estimated from today until your child turns 18 based on a series of annual net rates of return ranging from 4.3% for the 0-2 GlidePath age group to 1.3% for the 15-18 GlidePath age group.
  • Newborn to 5 year-old

    • Canadian Fixed Income
    • Canadian Equities
    • US Equities
    • Global Equities
    • Global Real Estate
    • Early investments are mainly in global equities
    • You get higher potential returns
    • There’s a longer timeframe to absorb market fluctuations
    • We target net annual returns of 4.3% to 3.9% with a volatility of 8-10%
  • 6 to 11 year old

    • Canadian Fixed Income
    • Canadian Equities
    • US Equities
    • Global Equities
    • Global Real Estate
    • Investments begin to transition towards fixed income
    • Your earlier equity gains are protected
    • There’s more insulation from market fluctuations
    • We target net annual returns of 3.8% to 3.2% with a volatility of 6-8%
  • 12 to 17 year-old

    • Canadian Fixed Income
    • Canadian Equities
    • US Equities
    • Global Equities
    • Global Real Estate
    • Investments begin to increase focus on fixed income
    • You get increased protection from market fluctuations as your child’s post-secondary education draws closer
    • We target net annual returns of 3.0% to 0.2% with a volatility of 2-6%
  • Over 18 year-old

    • Canadian Fixed Income
    • Your child’s post-secondary education has commenced
    • Investments focus 100% on fixed income
    • Potential loss of education savings is minimized
    • We target an annual return of 0-2% with volatility of 0-2%

Flexible for your family


Each family is different. With a flexible Bright Plan, you can easily tailor your plan to suit your needs.

  • Create a personalized plan: Set a plan based on what you want your child to study, your personal budget, and overall education savings goal.
  • Adjust your plan over time: Increase your contributions, change your contribution schedule, or add one-time contributions easily.
  • Grow your plan with your family: Easily add more children to your Bright Plan as your family grows.
  • Start at any age: You can start a Bright Plan at any time with any contribution amount. The asset mix will always be appropriate for the age of your child.
  • Tap our expertise: Understand how to set up a plan which will allow you to maximize government grants based on your specific situation.

Enjoy comprehensive support


With Bright Plan’s online portal and dedicated support team, you can easily monitor and control your plan.

  • Watch your growth: Use our portal to see your contributions, grants and investment grow.
  • Make changes easily: Make changes to your profile or contributions with a few easy clicks.
  • On-demand support: Get help from our knowledgeable professionals as often as you need through secure message, phone, or over live chat.

Safe, secure system


Your information is guarded by bank-level security using 256 bit SSL/TLS certificate so you can safely access your Bright Plan from the convenience of your computer, tablet or mobile phone.

Start your child's
Bright Plan


Want to start a flexible RESP tailored for Your Child?

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Learning Centre

Visit our Learning Centre to know more about education savings, including:

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Bright Plan™ is only sold by Prospectus. Investors should read the Prospectus before making an investment decision because it includes important detailed information. Download the Plan Summary and Detailed Plan Disclosure – Prospectus or call us at 1-800-461-7100 or local telephone number 416-849-5788 to receive a copy.