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Financial Services

Index-Linked GIC

Capitalize on the growth potential

of major Canadian financial institutions

Features & Benefits

  • 100% participation rate - receive the full gains of the Index-Linked GIC over the term, up to a maximum rate (return is based on the cumulative return of the basket of securities)
  • Principal completely guaranteed at maturity
  • Earned interest paid at maturity
  • $100 minimum investment for registered and non-registered accounts
  • No management fees or commissions
  • Available for a 3 or 5-year term
  • Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).
  • Download the fact sheet (PDF, 158 KB)

3-Year Rate of Return

  • Current Offering: November 24, 2020 to January 22, 2021
  • Minimum cumulative rate over 3-year period: 1.00% (0.33% annualized) 
  • Maximum cumulative rate over 3-year period: 7.00% (2.28% annualized)

5-Year Rate of Return

  • Current Offering: November 24, 2020 to January 22, 2021
  • Minimum cumulative rate over 5-year period: 2.00% (0.40% annualized) 
  • Maximum cumulative rate over 5-year period: 15.00% (2.84% annualized)

Download performance results (PDF)

Financial Institution Weight Percentage Allocation
Bank of Montreal 12.50
Canadian Imperial Bank of Commerce 12.50
Great-West Lifeco Inc. 12.50
Intact Financial Corporation 12.50
Manulife Financial Corp. 12.50
Royal Bank of Canada 12.50
Scotiabank 12.50
The Toronto Dominion Bank 12.50
Total 100.00

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