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
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%
12.00%
12.00%
If the basket appreciates between:
...the return will be:
0.00% - unlimited
The actual rate of return
12.00% - 49.50%
The actual rate of return
If the basket appreciates by more than:
...the return will be:
unlimited
unlimited
49.50%
49.50%
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
unlimited
8.37%
Maximum annual return (current issue)
13.05%
5.89%
The data presented is for informational purposes; past performance is not necessarily indicative of future results. 1Annual compound returns of the underlying basket. Values as of July 25, 2023.
GuaranteePlus Term Deposit (Rates effective 2023-07-31)
Issue Date
Term/Fixed Return
Initial Index Level
Index Level
Cumulative Appreciation3
Max Appreciation at Maturity2
3 years
100.00
104.14
5.00%
25.00%
3 years
100.00
103.32
3.32%
25.00%
5 years
100.00
103.32
6.50%
65.00%
3 years
100.00
97.94
3.00%
25.00%
3 years
100.00
97.94
6.50%
65.00%
3 years
100.00
100.30
3.00%
25.00%
5 years
100.00
100.30
5.00%
60.00%
3 years
100.00
104.34
4.34%
15.00%
5 years
100.00
104.34
5.00%
35.00%
3 years
100.00
102.54
2.54%
14.50%
5 years
100.00
102.54
2.54%
27.50%
3 Years
100.00
96.46
1.00%
7.00%
5 years
100.00
96.46
3.00%
11.00%
3 Years
100.00
91.32
1.00%
7.00%
5 years
100.00
91.32
3.00%
11.00%
3 years
100.00
88.45
1.00%
7.00%
5 years
100.00
88.45
3.00%
11.00%
3 years
100.00
99.67
1.00%
7.00%
5 years
100.00
99.67
3.00%
11.00%
3 years
100.00
99.80
1.00%
7.00%
5 years
100.00
99.80
3.00%
11.00%
3 years
100.00
100.00
1.00%
7.00%
5 years
100.00
100.00
3.00%
11.00%
3 years
100.00
99.17
1.00%
7.00%
5 years
100.00
99.17
3.00%
11.00%
5 years
100.00
105.24
5.24%
11.00%
3 years
100.00
105.24
5.24%
7.00%
3 years
100.00
120.05
8.00%
8.00%
3 years
100.00
118.48
8.00%
8.00%
5 years
100.00
118.48
11.00%
11.00%
5 years
100.00
120.05
11.00%
11.00%
3 years
100.00
136.98
8.00%
8.00%
5 years
100.00
136.98
15.00%
15.00%
3 years
100.00
138.10
8.00%
8.00%
5 years
100.00
140.73
16.50%
16.50%
5 years
100.00
141.71
25.00%
25.00%
5 years
100.00
158.92
25.00%
25.00%
5 years
100.00
111.35
11.35%
22.00%
5 years
100.00
115.47
15.47%
22.00%
5 years
100.00
119.31
19.31%
22.00%
5 years
100.00
125.09
22.00%
22.00%
5 years
100.00
122.05
22.00%
22.00%
5 years
100.00
120.59
20.59%
25.00%
5 years
100.00
125.88
25.00%
25.00%
5 years
100.00
132.34
20.00%
20.00%
5 years
100.00
121.04
20.00%
20.00%
5 years
100.00
118.38
18.38%
22.00%
The indicated percentage represents the appreciation of the index in relation to its initial level. The appreciation takes into account the annual limits stipulated in the deposit agreement. The displayed return (not expressed as an annual compound return) shows the trend for the issue date indicated.
Maximum appreciation at maturity: This product has a ceiling that determines the maximum amount you may receive at maturity.
From the Help Centre
Investments
Understanding market-linked term deposits
A market-linked term deposit guarantees your principal investment while providing the higher growth potential of equity markets.
