|
Cashable GIC |
Long Term
Non-Redeemable GIC |
The Ultimate Laddered
GIC |
GIC With Flex |
Length of Term |
1
year |
1-5
years |
3
or 5 years |
2
or 3 years |
Interest Rate (annual) |
0.15% |
1
year ……….... 0.9% 2
years ..……..… 1.1% 3
years .......... 1.25% 4
years ……….. 1.4% 5
years …….... 1.75% |
3
years …………. 1.7% 5
years ……….… 2.3% |
2
years ……….… 1.6% 3
years .………… 1.7% |
Minimum Investment |
$1000 |
$1000 ($5000
for monthly interest payments) |
$5000 |
$1000 ($5000
for monthly interest payments) |
When Interest Is Paid |
At
maturity |
Monthly,
semi-annually, or annually |
Monthly
or annually |
Monthly
or annually |
Other benefits |
Automatically
renewable |
Automatically
renewable |
Holder
can increase principal at each anniversary date Access
33.33% of money invested on each anniversary (withdraw or reinvest at current
interest rate) |
Can
be redeemed before maturity dates (lower interest rates applied if redeemed
before maturity) |
EQUITY POWERED GUARANTEED INVESTMENT
CERTIFICATES
- Investing in the market with the safety of a GIC
- Invest in a basket of Canadian, US, or global shares
- Terms of 2, 3, or 5 years
- Minimum investment of $1000 CAD
- Interest earned from annual guaranteed interest rate (only applicable to Canadian Income GIC and Canadian Guaranteed Return GIC)
- Maximum return of up to 50% of investment (depends on type of GIC purchased)
- Guaranteed 100% of principal back if stocks perform poorly
Basket of Canadian Shares |
Basket of US Shares |
Basket of Global Shares |
Agrium Inc. |
Bank of America Corporation |
Allianz SE |
Canadian National Railway Co. |
Cisco Systems Inc. |
Anheuser – Busch InBev |
Canadian Tire Corporation Ltd. |
Ford Motor Company |
BMW AG |
Husky Energy Inc. |
Home Depot Inc. |
Carrefour SA |
Loblaw Companies Ltd. |
Kraft Foods Group Inc. |
HSBC Holdings plc |
Manulife Financial Corporation |
McDonalds’ Corporation |
Pfizer Inc. |
Shaw Communications Inc. |
Merck & Co Inc. |
Royal Dutch Shell plc |
TELUS Corporation |
Valero Energy Corp. |
SAP SE |
Toronto-Dominion Bank |
Verizon Communications Inc. |
Siemens AG |
TransCanada Corporation |
Wal-Mart Stores Inc. |
Total SA |