Financial Services Market-linked GIC
Capitalize on the growth potential of major Canadian financial institutions
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 1, 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).
Open Market-linked GIC
Current sales period details
Rate of Return
- Current Offering: September 22, 2026 to November 13, 2026
- Minimum cumulative rate over 1-year period: 0.50% (0.50% annualized)
- Minimum cumulative rate over 3-year period: 4.00% (1.32% annualized)
- Minimum cumulative rate over 5-year period: 8.00% (1.55% annualized)
- Maximum cumulative rate over 1-year period: 5.50% (5.50% annualized)
- Maximum cumulative rate over 3-year period: 20.00% (6.27% annualized)
- Maximum cumulative rate over 5-year period: 45.00% (7.71% annualized)
| Stocks | Weight |
|---|---|
Bank of Montreal | 12.5 |
Bank of Nova Scotia | 12.5 |
Canadian Imperial Bank of Commerce | 12.5 |
Intact Financial Corp | 12.5 |
Manulife Financial Corp | 12.5 |
National Bank of Canada | 12.5 |
Royal Bank of Canada | 12.5 |
Sun Life Financial Inc | 12.5 |
Total | 100 |