Market-Linked GICs

MLGICs guarantee the original deposit amount with the opportunity for investors to earn more than with a traditional GIC. They offer the safety of a 100% principal guarantee plus a minimum return!

An investment in a mutual fund has no principal guarantee but can offer larger returns based on the fund performance. With a MLGIC you can rest easy knowing you’re going to get a guaranteed minimum return with the potential to earn more than a traditional GIC.

The performance of the companies within the basket will determine how much you could earn over the life of the investment (either 3-year or 5-year terms). The maximum rate of return is capped at a specific percentage; however, this investment also includes a guaranteed minimum annual rate of return (unless otherwise stated). The annual minimum rate of return is paid to you annually, on the anniversary date and also at maturity.

You have the potential of earning a higher rate of return than on a traditional GIC product, with the peace of mind knowing your investment is secure. As an added bonus, we monitor the markets for you without any management fees!

Our MLGIC baskets are made up of a group of companies within the same category, but we always have a few baskets to choose from. These baskets allow you the benefits of choosing where you invest in the market economy – creating diversity in your portfolio!

Your initial investment is always guaranteed to come back to you. Also, with our various baskets you minimize the risk associated with various sectors within the economy, while your money is getting maximum exposure (and the possibility of maximum returns!)

Depending on the performance of the companies in your basket, you may get a high-rate return or a low rate return – meaning you’ll get a guaranteed minimum rate and you’ll always receive back the entire amount of your initial investment.