Indexed GICs that are available now
| Canadian ActionGIC | |
|---|---|
| Characteristic | Detailed product sheet |
| Start and End of Sales Campaign | January 30, 2006 to April 18, 2006 |
| Issue Date | April 21, 2006 |
| Maturity Date | April 21, 2011 for the 5-year term |
| Term | Five (5) years |
| Participation Rate | 100% |
| Maximum Rate of Return | 42% for 5-year term |
| Starting Index Value | Closing index on the issue date, i.e. closing index on April 21, 2006. |
| Closing Index Value | Closing index of the day preceding the two business days before the maturity date, i.e. closing index on : April 18, 2011 for the 5-year term |
| Calculation of the rate of return | |
| The total rate of return on these ActionGICs is based on the percentage increase of the closing index on the issue date, compared with the closing index of the day preceding two business days before the maturity date. The actual rate of return is limited to a predetermined maximum rate. If the total return obtained is negative or nil, the fully-secured principal amount shall be paid upon investment maturity but no interest shall be paid. If the total return obtained is positive, the principal and interest shall be paid upon investment maturity, up to a maximum predetermined rate of return. Interest is payable in Canadian dollars, at maturity only as the rate of return is only known at maturity. | |
| Trust Plus ActionGIC |
|---|
| Not available for the moment |
| Canadian Growth ActionGIC |
|---|
| Not available for the moment |
