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.

Return3 years5 years
If the basket (group of securities) appreciates by less than:
...the return will be:
7.50%
7.50%
7.50%
7.50%
If the basket appreciates between:
...the return will be:
7.50% - 22.00%
The actual rate of return
7.50% - Unlimited
The actual rate of return
If the basket appreciates by more than:
...the return will be:
22.00%
22.00%
Unlimited
Unlimited

 

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

GuaranteedPlus MLTD

Past Performance

 3 Year GuaranteePlus5 Year GuaranteePlus
Average annual return15.61%8.99%
Maximum annual return (current issue)6.85%Unlimited
The data presented is for informational purposes; past performance is not necessarily indicative of future results. 

 

See Current Performance (as of September 24, 2024)

Have a question? Ask an expert

Kelly Gares
Investment Advisor

Our team of experienced professionals are here to answer any questions you may have.