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Investments
Index-Linked Term Deposits
If you're attracted by the stock market's potential but don't want to risk losing your initial investment, then consider Index-Linked Term Deposits. Your investment has the potential for an above-average rate of return, but with the safety of a principal guarantee that ensures you get your initial investment back.
An index-linked term deposit is a fixed-term investment that pays a return based on the performance of the Canadian S&P/TSX 60 Index.
Why choose an Index-Linked Term Deposit?
- Your principal is guaranteed
- You have a choice of 3-year or 5-year terms, non-redeemable until maturity
- Your deposit is RRSP eligible
- You can invest with as little as $1,000
- You pay no commissions, management or administration fees.
- Your deposit is insured by the Deposit Insurance Corporation of Ontario up to $100,000.
- You have the benefit of economic diversity. The S&P/TSX 60 Index is made up of Canada’s leading companies, from over 11 market sectors.
Index-Linked Term Deposits are available at GRCU during specific time periods. Contact us for more information. Terms and conditions will vary dependent upon the series offered