GICs

Guaranteed Investment Certificates (GICs) provide you with safe and flexible investment options. You're guaranteed to keep what you invest, while earning competitive interest¹ on your money.

There are three main types of GICs: Cashable, Non-Redeemable and Index-linked.

Cashable GICs - Access to your money

• Cashable GICs provide the flexibility to redeem early to cover an unforeseen expense (such as house repairs, job loss, or medical crisis), or to take advantage of an opportunity.

Non-redeemable GICs - Maximize your returns

• Non-redeemable GICs usually offer a higher rate of return. They are ideal when you know you won't need to access your money for a certain period of time and can be used to help reach financial goals, such as retirement or saving for a major purchase.

Index-Linked GICs¹ - Unlimited growth potential

• Index-linked GICs are a safe way to benefit from the potential returns of investing in the stock markets. As with all GICs, your principal is 100% guaranteed.