Environmentally Responsible 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 3 or 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 3-year period: 6.00% (1.96% annualized)
- Minimum cumulative rate over 5-year period: 10.00% (1.92% annualized)
- Maximum cumulative rate over 3-year period: 40.00% (11.87% annualized)
- Maximum cumulative rate over 5-year period: 60.00% (9.86% annualized)
Stocks | Weight |
---|---|
CGI Inc | 5% |
Daiwa House Industry Co Ltd | 5% |
First Solar Inc | 5% |
Goodman Group | 5% |
Hydro One Ltd | 5% |
KDDI Corp | 5% |
Magna International Inc | 5% |
Merck KGaA | 5% |
Mitsubishi Corp | 5% |
Mowi ASA | 5% |
Nutrien Ltd | 5% |
NVIDIA Corp | 5% |
Orsted A/S | 5% |
Partners Group Holding AG | 5% |
SAP SE | 5% |
Schneider Electric SE | 5% |
SolarEdge Technologies Inc | 5% |
STMicroelectronics NV | 5% |
Vestas Wind Systems A/S | 5% |
Welltower Inc | 5% |
Total | 100% |