Diversity Web Legal Copy Changes September 2023
™Trademarks of Meridian Credit Union Limited. Lengths of terms are subject to change. The principal amount of a Meridian Market-Linked GIC is guaranteed and repayable upon maturity. The principal amount and interest earned is covered by deposit insurance. 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). Notwithstanding any guaranteed minimum rate of return, the amount earned, if any, is calculated at, accrued to, and paid at maturity as interest and will depend on the performance of the Equity Index. It is possible that the amount earned may be zero.
Meridian's 3 Year Diversity Market-Linked GIC offers a minimum guaranteed cumulative rate of return of 9.00% over the entire term. The total interest earned, inclusive of the guaranteed minimum rate of return, will not exceed a Maximum Cumulative Return of 40.00% over the full term of the deposit.
Meridian's 5 Year Diversity Market-Linked GIC offers a minimum guaranteed cumulative rate of return of 15.00% over the entire term. The total interest earned, inclusive of the guaranteed minimum rate of return, will not exceed a Maximum Cumulative Return of 60.00% over the full term of the deposit.
Data presented is for information purposes only. Past returns are not indicative of future performance. Offer valid until November 17, 2023. Meridian Market-Linked GICs are non-redeemable. Terms and conditions for Meridian Market-Linked GICs are available at your local Meridian branch. All other trademarks, registered trademarks, service marks and trade names are the property of their respective owners. 09/2023
