Index-Linked Term Deposit

This term deposit gives you the potential for excellent returns by investing in Canada's top 60 companies, while 100% of your principal is protected.

The rate of return is based on the performance* of the S&P/TSX 60 index, and there are no fees or commissions. Investments can be registered or non-registered. The minimum investment is $1,000, and we offer 3-year and 5-year terms. The Index-Linked Term Deposit is GIC, RRSP and TFSA eligible.

For the status of the S&P/TSX 60, see Standard and Poor's or The Globe & Mail.

You should consider an Index-Linked Term Deposit if...

• You want a deposit with a principal guarantee, but with the potential for a higher return than a fixed-rate deposit
• You want an equity-linked investment with no fees or commissions
• You want to make a diversified investment in Canadian corporations
• You want to protect your initial investment

* The investment return on the deposit will be based upon the participation rate multiplied by the average return of the S&P/TSX 60 Index over the term of the deposit. The average is calculated by adding the monthly averaging date closing values for the S&P/TSX 60 Index between the start date and the maturity date, dividing that total by the months in the tmer and comparing that to the starting level of the S&P/TSX 60 Index on the start date.

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