Index-Linked Term Deposit

If you are interested in investing with the stock market but do not want to risk losing your initial investment (prinicipal) then an Index-Linked Term Deposit may be the right savings vehicle for you. With the potential for good returns, but with the safety of your investment being guaranteed an Index-Linked Term Deposit pays interest and returns based on the performance of the Canadian S&P/TSX 60 Index.  

Why choose an Index-Linked Term Deposit?

  • Your initial investment (principal) is guaranteed
  • You have a choice between a 3-year or 5-year term (locked-in/non-redeemable until maturity)
  • Your deposit is RRSP eligible
  • You pay no commissions, management or administration fees
  • Your deposit is insured by the Deposit Insurance Corporation of Ontario up to $100,000
  • You have the benefit of economic diversity. The S&P/TSX 60 Index is made up of Canada's leading companies, from over 11 market sectors

Index-Linked Term Deposits are available for sale during specific time periods. Contact us for more information. Terms and conditions will vary dependent upon the series offered.

Three-year term deposit
Five-year term deposit

 

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