Index Linked Term Deposits
This investment is for you if:
- you are looking for a deposit with a principal guarantee that offers the potential for a higher return than the return paid on fixed rate deposits.
- you are looking for an equity-linked investment that carries no fees or commissions.
- you are searching for a diversified investment in Canadian corporations.
- you are not willing to risk your initial investment.
Investment Features
A safe, secure way of investing, S&P/TSX 60 Index-Linked Term Deposits are issued in a range of terms and amounts with a minimum of $1,000.00.
The high interest rate is maintained in line with prevailing market conditions and remains fixed for the life of the certificate, unless cashed before maturity.
The high interest rate is maintained in line with prevailing market conditions and remains fixed for the life of the certificate, unless cashed before maturity.
- RRSP/TFSA eligible
- Principal guaranteed
- Unlike other term deposits, there is no guaranteed return on this product. Depending on the performance of the stocks comprising the S&P/TSX 60 Index over the term, it is possible that, at maturity, the investor will receive only their principal back.
- Each series has a unique defined sales period and Term Sheet. Ask your Credit Union Advisor for the Term Sheet prior to investing.
- Minimum investment amount is $1,000.00 and in multiples of $100.00 thereafter.
- 3 year and 5 year terms available.
- 50% participation rate on 3 year investment
- 100% participation rate on 5 year investment
Additional Information
Ask your Credit Union Advisor for a copy of the current Index Linked Term Sheet which explains all of the required information pertaining to the current series of Index-Linked Investments.
Ready to invest? Contact a Financial Advisor today!
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