Since 1965, Knowledge First Financial has consistently delivered the financial returns families rely on to help their children pursue their dreams. With over $3.5 billion in assets under management today, we continue to serve the education savings needs of Canadians.

Our Investment Approach

We invest your RESP contributions and your government grants conservatively, in high-quality government and corporate bonds. This helps to protect their principal value. These bonds provide stability, security and, depending on prevailing interest rates, long-term growth potential. And by averaging realized gains and losses from fixed investments over a one- to five-year period, our accounting policy results in smoother returns that are allocated to your account, relative to the market.*

As a means of diversifying investment risk and potentially enhancing your overall investment returns, we invest a portion of the income earned on our bond portfolio in Canadian-traded equity securities, such as stocks and exchange-traded funds.

Annual Returns as of April 30, 2015¹

* Allocated investment returns reflect the allocation of realized gains or losses on bonds spread forward over a 1-year period (Flex First Plan) or 5-year period (Family Group Plan). Realized gains or losses are known when a bond is sold or it matures. That gain or loss is allocated to the plans evenly according to our accounting policy (net of expenses to the plans). If the bond is still held, any change in value is termed ‘unrealized’ and does not impact the income allocation to plans or the allocated returns. For equities, both realized and unrealized gains or losses are allocated in the month of occurrence.

** After fees have been deducted. Portfolio returns are calculated using market values and time-weighted cash flows during the period and include all capital gains or losses, realized and unrealized. Past performance is not an indication of future results.

+ Inception date in the context of the Annual Rate of Returns table for the Flex First Plan is February 12, 2013 when the first bonds were purchased for the investment portfolio.