What is a market-linked GIC?
Like other types of GICs, a market-linked GIC has a set term, usually between one and five years, and the principal is guaranteed. Unlike standard GICs, however, the rate of return on a market-linked GIC is tied to the performance of a stock market index or a basket of stocks.
The performance of the stocks or indexes that the GIC is “linked” to, determines the rate of return. But no matter how the stock market performs, at a minimum, you’ll get your principal – or the full amount you originally invested – back at maturity.
Reasons to invest in a market-linked GIC
Potential higher returns
Principal 100% guaranteed
RRSP & TFSA eligible
1-year Global Diversified Market-linked GIC
A great option if you’re interested in trying out a Market-Linked GIC without the long-term time commitment. This GIC, linked to 20 carefully-selected international companies, maximizes your geographical diversification.
Maximum cumulative rate: 1.50% (1.50% annualized)
3-year Financial Services Market-linked GIC
If you’re interested in a longer-term investment with more potential upside, this could be the right choice. This GIC is is linked to 8 equally-weighted major Canadian financial institutions.
Maximum cumulative rate: 10.00% (3.23% annualized)
Explore more market-linked GICs
Canadian Diversified Market-linked GIC
An investment linked to 20 equally-weighted, select Canadian companies across diverse sectors.
American Diversified Market-linked GIC
An investment linked to 20 equally-weighted, select American companies across diverse sectors.
Environmentally Responsible MLGIC
An investment linked to 20 companies; respecting the environment from different economic sectors.