In preparation for the launch of the Tax-Free Savings Account in the new year, Dynamic Funds introduced its own version of the TFSA on Monday.

“There’s a lot to like about tax-free savings accounts generally,” said Jordy Chilcott, executive vice-president of Dynamic Funds. “It is a new way to get the most out of investing in our funds.”

All of Dynamic’s Registered Retirement Savings Plan-eligible products will qualify for the TFSA, including balanced and income mutual funds and DynamicEdge portfolios.

Advisors can access Dynamic TFSA account applications before January at the company’s Web site.

Once a client account is created, money can be deposited into a temporary non-registered account. On Jan. 2, the money can be automatically transferred to clients’ TFSAs with a letter of direction.