For 23 years in a row, the CET Group Option Plan has proudly paid the highest 1st Scholarships compared to other national group scholarship plans.*
* CEFI has compared the first Scholarship payments on a per unit basis from the Children’s Education Trust of Canada Group Option Plan to the comparable first scholarship payments of other nationally available group scholarship plans through publicly available financial statements and prospectus documents at www.sedar.com. On the basis of this comparison, CEFI has determined that the Children’s Education Trust of Canada Group Option Plan has paid the highest first Scholarship payments per unit to beneficiaries from 1997 to 2019 inclusive.
in assets under management for all Children's Education Trust Plans²
¹ In March 2011, The Children’s Education Funds Group of RESPs (the RESPs) received the Parent Tested, Parent Approved Seal. In order to be considered for the seal, CEFI submitted information about the RESPs that it administers. The RESPs were evaluated by a panel of parent testers and as a result of this testing and evaluation, the Parent Tested, Parent Approved Seal was awarded. CEFI paid a submission fee to PTPA Media Inc. to cover product consideration.
² See the Foundation’s most recent interim financial statements dated June 30th, 2020. Access a copy here.
³ As of December 31, 2019.
Insurance Options Available³
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3 The CUMIS Life Insurance Company provides insurance coverage.
in payments from the CET Plans paid to Canadian Families in 2019. ²
2 Total 2019 payments to Canadian Families includes return of net Contributions at plans’ maturity and total Education Assistance Payments paid to beneficiaries as reported in the Statement of Changes in Net Assets Attributable to Subscribers and Beneficiaries in our 2019 Annual Audited Financial Statements available here