GuaranteePlus Term Deposit

Looking to balance security with growth?

Our GuaranteePlus Term Deposit provides a guaranteed minimum rate of return plus the potential to earn even more based on the market performance of eight blue-chip Canadian financial companies. Peace of mind and portfolio diversification in one easy step.

Growth based on 8 financial securities

Minimum return guaranteed on the 5 year term
No risk to investment principal
Partial performance linked to 8 solid Canadian financial securities, including multi-national insurance companies
Potential for greater returns than traditional term deposits
No commissions or management fees
Low minimum deposit ($500)
Term lengths of 3 or 5 years; non-redeemable
Interest is compounded annually; paid at maturity
Monthly online updates track performance
Deposits are 100% guaranteed**

How the rate of return is determined

As shown in the table below, you are guaranteed a minimum rate of return for the 5-year term. As the performance of the linked financial securities increases, so does your rate of return – up to the maximum rates indicated.

Return	3 years	5 years
If the basket (group of securities) appreciates by less than: ...the return will be:	0.00% 0.00%	5.00% 5.00%
If the basket appreciates between: ...the return will be:	0.00% - 30.00% The actual rate of return	5.00% - 50.00% The actual rate of return
If the basket appreciates by more than: ...the return will be:	30.00% 30.00%	50.00% 50.00%

The group of eight financial securities includes five national Canadian banks and three multi-national insurance companies.

Past Performance

	3 Year GuaranteePlus	5 Year GuaranteePlus
Average annual return¹	10.46%	7.13%
Maximum annual return (current issue)	9.14%	8.45%
The data presented is for informational purposes; past performance is not necessarily indicative of future results.

See Current Performance (as of March 31, 2025)