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Financial Services

Index-Linked GIC

Capitalize on the growth potential

of major Canadian financial institutions

Features

  • $100 minimum investment for registered and non-registered accounts
  • Earned interest paid at maturity
  • Available for a 1, 3 or 5 year term
  • Download the information sheet (PDF)

Benefits

  • Principal completely guaranteed at maturity
  • Minimum return guaranteed at maturity
  • 100% participation rate up to the maximum cumulative rate of return on 1 and 5 year terms.
  • Rate of return on 3 year term is not subject to a maximum cumulative rate of return and has the potential to earn the full yield of the basket of securities. Please see below for details.
  • No management fees or commissions
  • Protection against currency risk
  • Deposits are insured by Deposit Insurance Corporation of Ontario (DICO)

1-Year Rate of Return

  • Current Offering: January 29, 2019 to March 22, 2019
  • Minimum cumulative rate over 1-year period: 1.60% (1.60% annualized) 
  • Maximum cumulative rate over 1-year period: 4.00% (4.00% annualized)
  • Average Annual Return: 3.21%
  • Maximum cumulative rate has been reached 63.00% of the time historically 
  • Download performance results (PDF)

3-Year Rate of Return

  • Current Offering: January 29, 2019 to March 22, 2019
  • Minimum cumulative rate over 3-year period: 3.50% (1.15% annualized) 
  • Maximum cumulative rate over 3-year period: Unlimited (Unlimited annualized)
  • The 3-year term is not subject to a maximum cumulative rate of return
  • Average Annual Return: 8.85%
  • Download performance results (PDF)

5-Year Rate of Return

  • Current Offering: January 29, 2019 to March 22, 2019
  • Minimum cumulative rate over 5-year period: 10.00% (1.92% annualized) 
  • Maximum cumulative rate over 5-year period: 25.00% (4.56% annualized)
  • Average Annual Return: 3.90%
  • Maximum cumulative rate has been reached 67.50% of the time historically 
  • 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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