Global Equity GIC (2.5-year) - Investors Category, Series 18

Current price: N/A
As of

General Information

FundSERV Code:
Ticker Symbol:
Global Equity portfolio


Issue Date:
Sales Period:
19-Apr-2018 - 06-Jun-2018
Maturity date:
Note term:
2.5 years
Valuation Date:

Product Description

The Global Equity GIC offers the growth potential of a Global diversified equity portfolio all while ensuring 100% principal protection at maturity.


  • 2.5-year term 
  • Maximum Interest at maturity: 7.00% (2.74% compounded annually).
  • Principal 100% protected at maturity.
  • Eligible for deposit insurance offered by CDIC.
  • Eligible for registered and non-registered accounts.
  • The Variable Interest is based on the return of the common shares of 20 Global companies and is calculated as follows: Variable Interest = Principal invested on the Issue Date x Reference Portfolio Return.
  • The Reference Portfolio Return is the arithmetic average of the Reference Share Return of each of the Reference Shares comprising the Reference Portfolio, subject to the Maximum Interest.
  • If the Reference Portfolio does not generate a positive price return over the term of the Global Equity GIC, the Global Equity GIC will not generate any Variable Interest and, in this case, no return will be paid.
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