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: January 21, 2025 to March 14, 2025
- Minimum cumulative rate over 3-year period: 5.00% (1.64% annualized)
- Minimum cumulative rate over 5-year period: 8.00% (1.55% annualized)
- Maximum cumulative rate over 3-year period: 18.00% (5.67% annualized)
- Maximum cumulative rate over 5-year period: 35.00% (6.19% annualized)
| Stocks | Weight |
|---|---|
| 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% |
| Hydro One Ltd | 5% |
| Innergex Renewable Energy Inc | 5% |
| Intel Corp | 5% |
| Kubota Corp | 5% |
| Legrand SA | 5% |
| Orsted AS | 5% |
| Redeia Corp SA | 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% |