Principal Protection and Growth in One Investment
The U.S. MarketSmart GIC in Canadian dollars delivers the best of both worlds — the security of a GIC with a guaranteed minimum return and the potential for a higher return tied to the performance of a U.S. equity index. This is ideal if you need the growth potential of equity but want to preserve your principal.
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Find a BranchIs This GIC Right for You?
This GIC may be an appropriate choice if you:
- Want a guaranteed minimum return, with the potential for a higher rate of return
- Want peace of mind knowing you’ll get 100% of your principal back as well as a guaranteed minimum rate of return
- Want the simplicity of principal protection and growth in one solution
- Will not need regular income from this investment
Key Features
- Minimum Investment: $1,000
- Terms: 2, 3 and 5 years
- Return: Variable return is linked to the performance of the S&P 500 Index
- Interest Payment Options: Return paid at maturity
- Access to Funds: No
- CDIC Eligible: Yes
Benefits
Higher Return Potential
You’ll participate in the returns of a U.S. equity index.
Peace of Mind
Your original investment is 100% guaranteed at maturity.
Simplicity
You’ll have principal protection and growth potential in one solution.
Guaranteed Minimum Return
You’ll receive at least the minimum rate of return with the potential to receive significant additional upside to a maximum rate of return.
Additional Information
For more information such as how the return is calculated or to invest in a U.S. MarketSmart GIC, refer to: