Term Deposits and GIC's
GICs and term deposits are great for investing for a specific period of time at a guaranteed rate without risking your initial investment. Terms range anywhere from 30 days to 5 years. Interest rates are locked in for the duration of the term chosen. GICs/Term deposits can be used in your registered or non-registered portfolio.
Index Linked Term Deposits
This unique product is a cross between a guaranteed investment and a mutual fund. Imagine playing the stock market without ever risking your initial investment. Index-linked term deposits invest in the TSX60 index. Your principal is fully guaranteed and your return is geared toward the Toronto Stock Exchange. Investments must be purchased for 3 or 5-year terms. Both your registered and non-registered funds can be invested in this product.