Canadian Diversified Market-linked GIC
Features and benefits
- 100% participation rate - receive the full gains of the Market-Linked GIC over the term, up to a maximum rate (return is based on the cumulative return of the basket of securities)
- Principal completely guaranteed at maturity
- Earned interest paid at maturity
- $100 minimum investment for registered and non-registered accounts
- No management fees or commissions
- Available for a 3 or 5-year term
- Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).
Current sales period details
Rate of Return
- Current Offering: November 19, 2024 to January 17, 2025
- Minimum cumulative rate over 3-year period: 6.00% (1.96% annualized)
- Minimum cumulative rate over 5-year period: 9.00% (1.74% annualized)
- Maximum cumulative rate over 3-year period: 20.00% (6.27% annualized)
- Maximum cumulative rate over 5-year period: 45.00% (7.71% annualized)
| Stocks | Weight |
|---|---|
| Bank of Montreal | 5% |
| Bank of Nova Scotia/The | 5% |
| Canadian Apartment Properties REIT | 5% |
| Canadian Imperial Bank of Commerce | 5% |
| Canadian National Railway Co | 5% |
| Canadian Natural Resources Ltd | 5% |
| Canadian Pacific Kansas City Ltd | 5% |
| Canadian Utilities Ltd | 5% |
| CGI Inc | 5% |
| Constellation Software Inc/Canada | 5% |
| Enbridge Inc | 5% |
| Franco-Nevada Corp | 5% |
| iA Financial Corp Inc | 5% |
| Manulife Financial Corp | 5% |
| National Bank of Canada | 5% |
| Nutrien Ltd | 5% |
| Restaurant Brands International Inc | 5% |
| Saputo Inc | 5% |
| Suncor Energy Inc | 5% |
| TELUS Corp | 5% |
| Total | 100% |