Term Deposits
Term Deposits (also known as GICs) guarantee you receive a set, compounded interest rate over a fixed period of time. This investment is secure and can have a length as little as 30 days and as much as 5 years, with interest rates varying based on the length of the term. Terms can be either Redeemable or Non-Redeemable.
Benefits
- No fees
- Completely secure
- Choice of redeemable or non-redeemable
- Guaranteed interest rate paid annually or semi-annually
- Withdraw or reinvest your earnings at the end of the term
Index-Linked Term Deposits
A potential higher return, Indexed Linked Term Deposits guarantee your principal investment, while maintaining the potential for excellent returns.
Consider investing in these if:
- You’re searching for diversified investments in Canadian companies
- Are not willing to risk your initial investment
Benefits
- Rate of return based on the performance of Canada’s 60 best companies (the S&P/TSX 60
- 100% protection of your principal investment
- No commissions, management or administration fees
- Available in 3 or 5-year terms with a minimum investment of $1,000
Returns to date:
