A. A split share starts out as a corporation that sells both preferred and capital shares to the public. The proceeds are then reinvested in publicly traded, dividend-paying common shares. Holders of the preferred shares receive a fixed dividend based on what the underlying common shares pay, and par value at maturity. Holders of the capital shares receive any dividends paid by the underlying common shares over and above what the preferred shareholders are entitled to, plus the value of the underlying common shares at maturity, minus what the preferred shareholders get. Essentially, the dividends from the underlying portfolio go to the preferred shareholders, and any gains in the portfolio value go to the capital shareholders. (Source: adviceforinvestors.com)

Q. What does "laddering" bonds or GICs mean?

Q. What does the term "RRSP unused contributions" mean?