GIC-type Products
Our GIC-type products provide capital growth at no risk knowing that your objective is:
- to pile up money for the next vacations;
- to take a sabbatical;
- to save for retirement; or
- to enjoy a retirement income.
The minimum deposit is $500. It is also possible to have monthly payments taken automatically from a bank account with our Preauthorized Payment Plan (minimum of $25 per month). Whenever the balance of the Daily Interest Account (DIA) reaches a specified amount (minimum of $500), it will be invested in the specified product(s) at current rates.
The Uniflex, the Participating Uniflex, the 10-Year Step-Up Uniflex and the Uniflex 10 are eligible to an interest rate guarantee.
Here are our GIC-type products:
Uniflex
Uniflex
Our Uniflex offers a guaranteed interest rate depending on the term selected and the amount invested.
Terms available are 1 to 5 years.
Interest is paid at maturity, annually or monthly.
Our Uniflex is redeemable before maturity on payment of an early surrender charge.
It is available as registered retirement savings plans, locked-in retirement accounts, registered retirement income funds, life income funds, tax-free savings accounts or non-registered deposits.
Participating Uniflex
Participating Uniflex
Our Participating Uniflex offers a guaranteed minimum interest rate depending on the term selected and the amount invested, to which a yearly nonguaranteed bonus of up to 0.40% is added.
The bonus is based on the return of the underlying investments.
Terms available are 1 to 5 years.
Interest is paid at maturity, annually or monthly.
Our Participating Uniflex is redeemable before maturity on payment of an early surrender charge.
It is available as registered retirement savings plans, locked-in retirement accounts, tax-free savings accounts or non-registered deposits.
10-Year Step-Up Uniflex
10-Year Step-Up Uniflex
Our 10-Year Step-Up Uniflex provides a maximum return year after year thanks to guaranteed interest rates that increase every year over a 10-year term.
Interest is paid at maturity.
The 10-Year Step-Up Uniflex is only redeemable on deposit anniversaries, but there is no surrender charge.
It is available as registered retirement savings plans, locked-in retirement accounts, tax-free savings accounts or non-registered deposits.
Uniflex 10
Uniflex 10
Our Uniflex 10 offers two guaranteed interest rates over a 10-year term: the same interest rate as our 5-Year Uniflex for the first 5 years and a higher interest rate for the following 5 years.
Interest is paid at maturity.
Our Uniflex 10 is redeemable before maturity on payment of an early surrender charge.
It is available as registered retirement savings plans, locked-in retirement accounts, tax-free savings accounts or non-registered deposits.
Market Index Uniflex+
Market Index Uniflex+
While ensuring 100% principal protection at maturity, our Market Index Uniflex+ invests during a 6-year term in a broad range of 20 Canadian shares that are found in the S&P/TSX 60 Index.
The 8 best performing shares during the period are automatically assigned a fixed return of 60%, regardless of whether their actual return was negative. The remaining 12 shares are assigned their actual return.
The global return is then determined according to the arithmetic average of these 20 returns.
Other Product Features:
- Low management fees
- An easy way to diversify
- Even under a scenario where the return of each share is negative, this product may produce a global positive return.
Our Market Index Uniflex+ is sold during sales periods. From the acquisition date to the issue date, interest is earned at a pre-issue rate.
It is not redeemable before maturity.
Our Market Index Uniflex+ is available as registered retirement savings plans, locked-in retirement accounts, tax-free savings accounts or non-registered deposits.
Click here to see the Market Index Uniflex Flyer.
We encourage you to contact your insurance representative for additional product information to ensure that you receive the best possible advice to suit your specific needs.