Share - Dollar Cost Averaging?

Question

Dollar cost averaging is an approach that can help reach our investment goals.

Do you have any progams in Canada - any institution provide that? I understand that it is available in US

Answer 1

Most mutual funds allow you to buy fractional shares. Therefore, just send them a check for a certain dollar amount every month and they will buy whatever number of shares that covers (or set up direct debit with your bank account) The result is dollar cost averaging, even if they don't actually use the term in their sales materials.