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Index-Linked GICs offer a guarantee
of your principal plus the opportunity to earn potentially higher
returns based on the performance of a specific stock market index such
as the TSX or S&P.
Not all index – linked GICs are the
same . Some may cap the return of the index, while others may base your
growth on a percentage of the total return of the index.
Compare before you purchase.
Mutual Fund Linked GICs offer
a principal guarantee plus the potential for higher returns based on the
performance of specific mutual funds over the GICs term.
Some may offer a minimum return paid at
maturity.
Please compare, there are a variety of
products.
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