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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

  • Minimum return guaranteed at maturity
  • No management fees or commissions
  • Principal completely guaranteed at maturity
  • Protection against currency risk
  • 100% participation rate – you receive the increase made on the index-linked GIC over the term up to a maximum rate
  • Deposits are insured by Deposit Insurance Corporation of Ontario (DICO)

1-Year Rate of Return

  • Current Offering: September 25, 2017 to November 23, 2017
  • Minimum cumulative rate over 1-year period: 1.50% (1.50% annualized) 
  • Maximum cumulative rate over 1-year period: 3.00% (3.00% annualized)
  • Average Annual Return: 2.54%
  • Maximum cumulative rate has been reached 68.00% of the time historically 
  • Download performance results (PDF)

3-Year Rate of Return

  • September 25, 2017 to November 23, 2017
  • Minimum cumulative rate over 3-year period: 1.50% (0.50% annualized) 
  • Maximum cumulative rate over 3-year period: 12.00% (3.85% annualized)
  • Average Annual Return: 3.27%
  • Maximum cumulative rate has been reached 76.00% of the time historically 
  • Download performance results (PDF)

 

5-Year Rate of Return

  • Current Offering: September 25, 2017 to November 23, 2017
  • Minimum cumulative rate over 5-year period: 4.00% (0.79% annualized) 
  • Maximum cumulative rate over 5-year period: 22.00% (4.06% annualized)
  • Average Annual Return: 3.35%
  • Maximum cumulative rate has been reached 71.50% 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

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