Becoming a Member
Who should get this investment?
Investors who want to benefit from potential stock-market returns while keeping their original principal amount protected. The Canadian Stock Market-Indexed Guaranteed Investment is ideal if you want to invest in Canada's largest companies for higher potential returns over traditional fixed-rate GICs.
Features
| Returns1 |
- Interest paid at maturity.
- Higher return potential.
- Based on the increase in value of the S&P/TSX 60 stock market index. A rate of participation in index growth or maximum growth may apply.
|
| Eligible for these plans |
- Registered plans: TFSA, RRSP, LIRA, locked-in RRSP, RRIF and LIF.
- Non-registered plans.
|
| Income taxation |
At maturity (if investment is non-registered). |
| Other |
- No commission or administration fees.
|
1. Returns may be nil.
