index_linked_term_deposit

S&P/TSX 60 Index-linked Term Deposit

Index-Linked Term Deposits offer investors the opportunity to benefit from potential stock market gains while ensuring that their principal remains protected. This investment combines the security of a traditional term deposit with the growth potential typically associated with stock investing. The returns on these deposits are linked to the S&P/TSX 60 Index, providing a unique blend of safety and opportunity for growth.

What is the S&P/TSX60?

S&P/TSX60 Sector Breakdown

Interest Calculation Example

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FAQ

▪︎ Are There Any Fees?

No, there are no fees associated with this investment.

▪︎ Is My Principal Guaranteed?

Yes! Your investment amount is 100% guaranteed, with no risk of principal loss.

▪︎ Can I Get My Principal Back if I Cash Out Early?

Early withdrawal is not allowed. You will receive your principal along with any earned interest at the maturity.

▪︎ Can I Include an Index-Linked Term Deposit in a Registered Retirement Income Fund (RRIF)?

No, this investment is not offered in a RRIF.

▪︎ What Happens if I Pass Away Before Maturity?

Your Index-Linked Term Deposit is not redeemable prior to the maturity date, except in the case of your death.

▪︎ Index-Linked Term Deposit performance records: 3-year term

▪︎ Index-Linked Term Deposit performance records: 5-year term

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