With a Meridian Global Market Secure GIC you gain the advantage of diversification. Your investment is tied to the performance of a basket of global stock market indices to create new opportunities for growth while at the same time, preserving your investment and managing risk.
This is a long-term investment that provides the potential for higher returns and provides the benefits of guaranteed Principal that protects your investment from market volatility.
For monthly closing values of the Global 5 indices, click here.
For our Global 5 Market Secure GIC Offerings, click here.
For an information sheet, click here.
Benefits
- Diversification helps maximize investment returns
- Return based on the performance of five global stock market indices
- No cap on returns
- Manages risk
- No fees
- Potential for higher returns than traditional fixed rate GICs
Smart and flexible
It’s a smart way to try the stock market without the hassle of risk-taking. With great benefits, a Global Market Secure GIC works to earn high-interest for any age range.
If the market drops your principal will not decline in value which will protect your investment so you can ride out the market, worry-free.Â
Features
- 5-year non redeemable GIC
- Rate of return based on the average month-end closing values of 5 international stock market indices over a 5 year investment period:Â
- S&P/TSX 60® Canada
- S&P 500® – United States
- EuroStoxx50® – Europe
- FTSE100® – United Kingdom
- Nikkei225® – Japan
- Members participate in100% of return
- Principal is guaranteed
The EURO STOXX 50® is the intellectual property (including registered trademarks) of STOXX limited, Zurich, Switzerland and/or its licensors ("Licensors"), which is used under license. The securities [or financial instruments, or options or other technical term] based on the Index are in no way sponsored, endorsed, sold or promoted by STOXX and its Licensors and neither of the Licensors shall have any liability with respect thereto.Â
Past performance of this product is not indicative of future returns. Your return will depend on whether and how much the weighted basket of international stock-market indexes increases over your investment’s term. A return is not guaranteed; if the level decreases, there may be no return. Ask for details.
®S&P/TSX60 - “S&P” is a trademark of the McGraw-Hill Companies Inc. and has been licensed for use by Meridian Credit Union.
“TSX” is a trademark of the Toronto Stock Exchange Inc. and has been licensed for use by Meridian Credit Union.
