Jump to Main Content

Health Care

Index-Linked GIC

Invest on the growth potential

of major international companies operating health care

Features

  • $100 minimum investment for registered and non-registered accounts
  • Earned interest paid at maturity
  • Available for a 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)

3-Year Rate of Return

  • Current Offering: November 27, 2017 to January 25, 2018
  • 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: 2.72%
  • Maximum cumulative rate has been reached 55.50% of the time historically 
  • Download performance results (PDF)

5-Year Rate of Return

  • Current Offering: November 27, 2017 to January 25, 2018
  • 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: 2.95%
  • Maximum cumulative rate has been reached 49.00% of the time historically 
  • Download performance results (PDF)

Health Care Company Weight Percentage Allocation
Abbott Laboratories 10
AstraZeneca Plc. 10
Eli Lilly 10
Johnson & Johnson 10
Merck & Co. Inc. 10
Novartis AG 10
Pfizer Inc. 10
​Roche-Holding AG 10
​Sanofi-Aventis SA 10
Novo Nordisk A/S 10
Total 100

Looking for something different?
See some of our other account options

Good To Grow High Interest Savings Account

Take Me There

3 Year Escalator GIC

Take Me There

Financial Services Index-Linked GIC

Take Me There