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GIC Laddered Strategy

Guaranteed Investment Certificates (GICs)

Invest in a GIC Laddered Strategy

Bonus interest rates are earned when the investment principal is equally distributed across each of the 1 to 5 Year GIC terms. The initial investment is broken down into five equal GICs with terms of 1, 2, 3, 4, and 5 years. A portion of the investment matures each year to gain flexibility to reinvest at the current posted rate. As each GIC matures, the term is reinvested into a new 5 year GIC.

GIC Laddered Strategy is available for Registered (RRSP & TFSA) and Non-Registered Plan Types

Term Length Posted Rates Bonus Rates*
1 Year 2.00% 2.35%
2 Year 2.15% 2.60%
3 Year 2.20% 2.80%
4 Year 2.35% 2.95%
5 Year 2.60% 3.20%
Average Rate** 2.26% 2.78%

Features & Benefits

  • Maximize returns - over time, a laddering approach allows you to potentially earn more than you would by investing only in shorter term GICs.
  • Reduce risk - interest rates move up and down. Laddering GICs reduces the impact of changing rates in your investment portfolio.
  • Secure and safe - guarantee’s your principal investment
  • Eligible for registered and non-registered plans
  • Low minimum investment ($500)
  • Deposits insured by DICO up to $250,000 for non-registered deposits unlimited for registered deposits (RRSP, RRIF and TFSA)

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