Your Vote Is Important

We’re holding a subscriber vote to upgrade and transfer all Flex First Plans to the Embark Student Plan.

Date: December 12, 2023
Time: 11:00 a.m. EST

Young adult woman wearing glasses, smiling and holding a pencil

Review These Documents Before Voting

We strongly believe upgrading to the Embark Student Plan is in your best interest. With it, you’ll get more tools, more insights and a tailored investment strategy to help you plan, save and use your RESP. However, don’t just take our word for it. Learn more about the vote and what you’ll get by reviewing these three important documents:

Information Circular

Why The Vote Matters

Notice of Meeting

Pay Less For More

As part of the vote, you’ll receive a lifetime management fee rebate of 1.16%.

This means you’ll get all of the amazing benefits of the new plan for 0.49%, which is far lower than the 1.49% you currently pay for your Flex First Plan. The best news is, you’ll also receive this reduction for any additional funds you contribute or transfer into your plan moving forward!

Young girl smiling while wearing a backpack and holding textbooks

Here’s How This Vote Benefits You

The plan automatically adjusts its investment mix based on your child’s stage in life. When your child is young, the plan will focus on growing your savings with more exposure to equities. As they near post-secondary school, it becomes more conservative to try and protect what you’ve built, adding more fixed income and cash.

Key Benefits:

Best-in-class tailored investment strategy
More growth potential when your child is young
More protection against downturns when funds are needed
Additional, conservative options if needed
Managed by Embark and BMO
Simple, competitive fee structure

The Embark Student Plan uses our industry-leading digital platform to help you visualize what you’re saving for. You can forecast how much your child’s education will cost, track your savings on a daily basis and automatically optimize your withdrawals to make the most of your money.

Key Benefits:

Forecasts and visualizes what you’ll have saved
Tracks your savings and growth, daily
Sends alerts when you’ve received grants
Provides estimates on how much school will cost
Simplifies the withdrawal process, making it easier to access your money

The Embark Student Plan offers full flexibility when it comes to your education savings. You have the option to simplify your savings and merge your children’s accounts all into one plan – even if more come along the way. You can save as much as you can, when you can, and will receive more updates on your plans performance.

Key Benefits:

Option to merge your savings and children into one plan
Allows you to easily make changes to your plan, online
Edit and add subscribers, children and savings goals
Stop and start contributions, or change the amount being saved at any time
More frequent account statements

Here’s How You Can Vote

Customers can participate in the subscriber vote virtually, or in-person at the company’s headquarters on December 12, 2023 at 11:00 a.m. EST. Up until Friday, December 8, 2023 at 11:00 a.m. EST, there are also several ways you can cast your vote in advance:

It’s Important To Remember

You’ll need your unique 15-digit control number to vote or attend the meeting. This can be found on the left-corner of the Proxy Form. And, before you do, be sure to read the information circular!

Vote Resources and Information

Management Information Circular

Why The Vote Matters - Simplified Chinese

Embark Student Plan Prospectus

Flex First Plan EAA

2023 Embark Select Conservative Plan Prospectus

2023 Embark Select Conservative Plan - Plan Summary

Commonly Asked Questions

Using the Proxy Form included in your Notice Package: cross out your name and print the name of your appointee in the blank space; sign the form and; return it in the business replay envelope. Computershare must receive your form before 11AM EST on December 8, 2023. IMPORTANT: You must provide Computershare with the name and email address of the person you are appointing by clicking here: http://www.computershare.com/EmbarkFlexFirst. Computershare will use this information ONLY to provide the appointee with an invite code to gain entry to the virtual meeting at 11AM EST on December 12, 2023.

See more FAQs

Have a Question? Reach Out!

If you have any questions about the vote or what it means to you, please don’t hesitate to reach out.

Phone: 1-800-363-7377
Email: vote@embark.ca

Your Vote Is Important

Review These Documents Before Voting

Information Circular

Why The Vote Matters

Notice of Meeting

Pay Less For More

Here’s How This Vote Benefits You

Get an Investment Strategy That’s Designed Around Your Child

The Embark Student Plan uses a glidepath investment strategy that’s built around your child’s age and time to post-secondary education.

Key Benefits:

Get Digital Tools To Help You Make The Best Decisions

The Embark Student Plan’s digital platform gives you more advice and tools to manage your plan, making saving even easier.

Key Benefits:

Easily Merge and Consolidate Your Savings

With the Embark Student Plan, you have full control over your plan. It can be converted into a family plan, allowing you to save for all your children in one RESP.

Key Benefits:

Here’s How You Can Vote

Online

Phone

Mail

It’s Important To Remember

Vote Resources and Information

Commonly Asked Questions

Have a Question? Reach Out!

Your Vote Is Important

Review These Documents Before Voting

Information Circular

Why The Vote Matters

Notice of Meeting

Pay Less For More

Here’s How This Vote Benefits You

Get an Investment Strategy That’s Designed Around Your Child

The Embark Student Plan uses a glidepath investment strategy that’s built around your child’s age and time to post-secondary education.

Get Digital Tools To Help You Make The Best Decisions

The Embark Student Plan’s digital platform gives you more advice and tools to manage your plan, making saving even easier.

Easily Merge and Consolidate Your Savings

With the Embark Student Plan, you have full control over your plan. It can be converted into a family plan, allowing you to save for all your children in one RESP.

Here’s How You Can Vote

Online

Phone

Mail

It’s Important To Remember

Vote Resources and Information

Commonly Asked Questions

Where can I find the control number needed to vote?

I didn’t receive a notice package in the mail, what do I do?

I have multiple plans. How do I vote?

Can I get a paper copy of the Management Information Circular?

I’m not sure this vote benefits me. What should I do?

How do I tell if I’ll be transferred into the Embark Student Plan or Embark Select Conservative Plan?

Does the vote automatically merge all of my plans into one? If not, how can I do this?

How do I appoint another person to act on my behalf at the Special Meeting?

Have a Question? Reach Out!