Index-linked Term Deposits (RRSP eligible)

Index-linked Term Deposits are a great way to grow your money and meet your savings goals. You'll have the assurance that your principle investment is protected up to $100,000 through the Deposit Insurance Corporation of Ontario.

  • Enjoy safety and growth with a minimum deposit of $1,000.
  • Three or five-year terms available.
  • Interest is paid at maturity based on the performance of the S&P/TSX60 over a specific timeframe.
  • Early redemption is not allowed, but these deposits are a way of participating in the stock market, yet have the return of principal guaranteed with the security of deposit insurance coverage.
  • May appeal to investors who are looking for an equity-linked investment that carries no fees or commissions.

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