Environmentally Responsible 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: 40.00% (6.96% annualized)
| Stocks | Weight |
|---|---|
| Brookfield Renewable Partners LP | 5% |
| Daiwa House Industry Co Ltd | 5% |
| East Japan Railway Co | 5% |
| First Capital Real Estate Investment Trust | 5% |
| First Solar Inc | 5% |
| Gecina SA | 5% |
| Hewlett Packard Enterprise Co | 5% |
| Holmen AB | 5% |
| Innergex Renewable Energy Inc | 5% |
| Intel Corp | 5% |
| Kubota Corp | 5% |
| Orsted AS | 5% |
| Redeia Corp SA | 5% |
| Salmar ASA | 5% |
| Schneider Electric SE | 5% |
| UPM-Kymmene Oyj | 5% |
| Veolia Environnement SA | 5% |
| Vestas Wind Systems A/S | 5% |
| West Fraser Timber Co Ltd | 5% |
| Xylem Inc/NY | 5% |
| Total | 100% |