It’s not a misprint. Meridian’s 5-year Canadian Market Secure GIC, which matured in December 2009 achieved an annual return of 8.45%*

Click Here to have someone contact you about Meridian's 5-year Market Secure GIC.

The rate of return is based on the performance of the S&P/TSX 60 stock market and investments can be registered or non-registered.

Click Here to see the Monthly closing values of the S&P TSX 60 index as well as our MSGIC Issue dates and their starting value

We recommend Market Secure GICs if:

• You want higher returns than what traditional GICs offer
• You want to invest in Canada's Top 60 companies
• You want to try out the stock market, but want to minimize your risk
• You want to gain some stock market experience for future investment plans

Member Benefits

• Unlimited Potential - The return is based on stock market performance allowing you to participate in the upside potential of stock market growth
• Power of Averaging – The return calculation uses monthly averaging which smoothes out market ups and downs, protecting the investment from volatility and severe short-term fluctuations
• Participation Rate – 100% is a market-leading multiplier and represents the portion of the growth in the market index you will receive at maturity

Peace of Mind

• You can rest easy knowing your principal investment is safe and secure
• With Market Secure GICs and the help of our financial Coaches, you can create a strong, balanced investment portfolio

Things You Need to Know

• The minimum investment is $500 for RRSPs/TFSAs and $1,000 for non-registered investments
• You can only redeem your investment at the end of the 5 year term
• Interest is paid out at maturity

Method of Calculation

The interest earned (if any) will be based on the average monthly return of the S&P/TSX 60 stock market index for the five years of the investment period. The average is calculated by adding the month-end closing values of the index and dividing the sum by the total number of months. It is then compared to the starting value of the index to determine the percentage change. That change is then multiplied by the participation rate giving the overall return.

Talk to a financial Coach today

To find out more or to get a Meridian financial Coach working for you, complete this contact form or call 1.866.592.2226 or visit your local branch today.

*The rate above is annualized and is not compounded. The compounded rate of return is 7.30%