Index-linked Term Deposits (RRSP eligible)

Guaranteed with a Competitive Rate

Index-linked Term Deposits are a great way to invest in the equity market without risking your principal investment.  Unlike regular term deposits or GICs, there is no guaranteed return however your principal investment is never at risk. The return you receive at maturity depends on the performance of the stocks comprising the S&P/TSX 60 Index over the term of the investments.  

  • minimum deposit of $1,000.
  • three or five-year terms available.
  • the interest is paid at maturity based on the performance of the S&P/TSX60 over the specific timeframe.
  • early redemption is not allowed.
  • no fees or commissions.
  • RRSP & TFSA eligible.

If you're looking for an investment that protects your principal, carries no fees or commissions, and has the potential of earning a higher return than a regular term deposit or GIC, then this may be right for you.  Talk to us.  We're here to help.

 

 

Contact a Specialist
416.864.2461 or 1.888.560.2218