American Diversified Market-linked GIC
Features and benefits
- 100% participation rate - receive the full gains of the Market-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 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).
Current sales period details
Rate of Return
- Current Offering: May 23, 2023 to July 21, 2023
- Minimum cumulative rate over 5-year period: 10.00% (1.92% annualized)
- Maximum cumulative rate over 5-year period: 60.00% (9.86% annualized)
| Stocks | Weight |
|---|---|
| AbbVie Inc | 5% |
| Alphabet Inc | 5% |
| Berkshire Hathaway Inc | 5% |
| BlackRock Inc | 5% |
| Bristol-Myers Squibb Co | 5% |
| Charles Schwab Corp/The | 5% |
| Coca-Cola Co/The | 5% |
| Corteva Inc | 5% |
| Electronic Arts Inc | 5% |
| First Solar Inc | 5% |
| Gilead Sciences Inc | 5% |
| Home Depot Inc/The | 5% |
| McDonald's Corp | 5% |
| Microsoft Corp | 5% |
| Oracle Corp | 5% |
| Pfizer Inc | 5% |
| Procter & Gamble Co/The | 5% |
| Tesla Inc | 5% |
| Texas Instruments Inc | 5% |
| United Parcel Service Inc | 5% |
| Total | 100% |