The Laddered GIC Account

The Laddered GIC Account is a GIC investment that will automatically diversify your portfolio by ensuring that a portion matures each year and is reinvested at attractive long-term rates.

Key Features

  • Your investment is evenly divided into multiple term lengths, all receiving the same initial competitive interest rate (i.e. into one-, two-, three-, four- and five-year terms).
  • Laddered terms of one to five years or one to ten years.
  • A portion of your investment matures each year and can either be automatically reinvested into five- or 10-year terms or withdrawn.
  • Interest can compound to maturity or, for a non-registered GIC account, be credited monthly, quarterly, semi-annually or annually to the Daily Interest Account.
  • Cashable in whole or in part, at any time*.

How You Benefit

  • You have greater protection against fluctuating interest rates in the future.
  • One attractive initial interest rate for all your investment terms.
  • Your GIC investments can renew automatically into attractive long-term rates, with minimal involvement by you.
  • Your funds are available to you at any time -- when you need them*.

For more information, please contact us.

*Surrender charges may apply if withdrawals are made prior to the maturity date. Withdrawals may be subject to legislative or contract restrictions. Additional information is available from your advisor.

Principal Protected Notes

Principal protected notes (also referred to as deposit notes), are a type of investment that combines the benefits of principal protection at maturity with equity market growth potential. The return is usually linked to the performance of an equity investment and the term to maturity is generally six to eight years. If held to maturity, principal protected notes allow you to participate in equity markets with confidence, knowing your principal is protected.

If you would like more information on principal protected notes, please contact me.