Index-Linked Term Deposits

Index-Linked Deposits: Stock market potential Principal guaranteed

If you're attracted by the stock market's potential but don't want to risk losing your initial investment (principal), 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 YNCU during specific time periods. Contact us for more information. Terms and conditions will vary dependent upon the series offered.

 

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