Investments GIC's

Security for your portfolio. Peace of mind for you.


Guaranteed Interest Contracts (GICs) provide you with key benefits you're looking for:

  • A solid foundation for your investment portfolio – reducing overall portfolio risk and providing you with more consistent returns.
  • A positive rate of return – guaranteeing that at least part of your portfolio is continually growing.
  • Peace of mind – you'll rest easy knowing that your principal is safe and secure.

Basic GIC Account

A cashable GIC investment that offers you the security of a guaranteed interest rate -- but also the flexibility to cash-in if the need arises.

 

Key Features

Available half-year rate bonus - add six months to a standard lenth term and get the next year's rate (i.e. a two-and-a-half-year term would receive the standard three-year rate).

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.

Maturity date - Choose any maturity date you desire.

Cashable in whole or in part, at any time*.

Terms from one to 10 years (up to 30 years for registered retirement income GICs).

  • You can plan your maturity dates to line up with future investment plans, expenditures or lifestyle changes.
  • You can earn a higher interest rate by simply adding six months to a standard length term.
  • Your funds are available to you at any time -- when you need them*.

 

Laddered GIC Account

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.

  • 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portion of your investment matures each year and can either be automatically reinvested into five- or 10-year terms or withdrawn.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*.

 

  • 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*.

Escalating Rate GIC Account

A GIC investment that provides you with increasing interest rates each year.

  • Guaranteed increasing rates for each year of the term.
  • Very attractive interest rates for the final years of the term.
  • Interest will compound to maturity.
  • Cashable in whole or in part, at any time*.
  • Terms of three or five years.

 

  • Regardless of whether interest rates rise or fall, the rate on your Escalating GIC investment is guaranteed to increase during each year of the term.
  • You can lock-in now to guarantee higher interest rates in later years.
  • Your funds are available to you at any time -- when you need them*.

Market Growth GIC Account

A GIC investment that enables you to participate in the growth potential of market-based investments while guaranteeing your principal.

  • Links your returns to market-based investments selected by Commonwealth Investments.
  • Investment growth during the term is credited on the maturity date*.
  • Your principal investment is 100% guaranteed at the maturity date.
  • Non-cashable during the term.
  • Offered by Commonwealth Investments during limited time periods.

 

  • You can participate in the growth potential of market-based investments -- and your principal is 100% guaranteed.
  • Enables you to diversify your GIC portfolio and to benefit from a unique investment type, while guaranteeing your principal.

Daily Interest Account

A GIC account that provides easy access to your money, without fees.

 

  • A short-term holding account.
  • Money is available any time without fees.
  • Interest is compounded daily and credited monthly.
  • A convenient place to "park" your money while you take time to make longer-term investment decisions.
  • Gives you access to your money any time, without fees, to meet your short-term liquidity needs.
  • Also useful if you want to consolidate your funds for future investment purchases.