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Diversity Market-Linked GIC

Diversity 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-year term
  • Available for a 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 24 to July 22, 2022
  • Minimum cumulative rate over 3-year period: 3.00% (0.99% annualized)
  • Minimum cumulative rate over 5-year period: 5.00% (0.98% annualized)
  • Maximum cumulative rate over 3-year period: 30.00% (9.14% annualized)
  • Maximum cumulative rate over 5-year period: 70.00% (11.20% annualized)
StocksWeight
Air Liquide SA
5%
Bank of Nova Scotia
5%
BCE Inc.
5%
Best Buy
5%
BNP Paribas SA
5%
CIBC
5%
Cie Generale des Establissements Michelin
5%
Cisco Systems Inc
5%
CSL Limited
5%
Cummins Inc
5%
ENEL SpA
5%
Investor AB
5%
Koninklijke Ahold Delhaize NV
5%
Novo Nordisk A/S
5%
Nutrien Limited
5%
Reckitt Beckiser Group Plc
5%
SAP SE
5%
STMicroelectronics NV
5%
Telus Corporation
5%
Vestas Wind Systems A/S
5%
Total100%