Global 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 1 or 3-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: November 21, 2023 to January 19, 2024
- Minimum cumulative rate over 3-year period: 9.00% (2.91% annualized)
- Maximum cumulative rate over 3-year period: 40.00% (11.87% annualized)
| Stocks | Weight |
|---|---|
| Astellas Pharma Inc | 5% |
| Bank of Nova Scotia/The | 5% |
| Bouygues SA | 5% |
| Cisco Systems Inc | 5% |
| Gilead Sciences Inc | 5% |
| KDDI Corp | 5% |
| Magna International Inc | 5% |
| Manulife Financial Corp | 5% |
| Neste Oyj | 5% |
| Nutrien Ltd | 5% |
| Oracle Corp | 5% |
| Samsung Electronics Co Ltd | 5% |
| Sanofi | 5% |
| Siemens AG | 5% |
| Sony Group Corp | 5% |
| SSE PLC | 5% |
| STMicroelectronics NV | 5% |
| Swiss Re AG | 5% |
| TELUS Corp | 5% |
| Unilever PLC | 5% |
| Total | 100% |