Diversified Term Savings

A simple way to ladder your maturities.

Is this type of savings for you?

  • You want to benefit from a generally higher interest rate for longer terms.
  • You want to have the choice, at each maturity date, to cash in the accumulated amounts or reinvest them.

Main features :100% guaranteed capital divided into equal portions:

  • 3 portions : terms of 1 to 3 years
  • 4 portions : terms of 1 to 4 years
  • 5 portions : terms of 1 to 5 years

Maturities :One portion of the investment matures each year

Interest rate :Each portion has a different interest rate

Interest rate
  • Fixed
  • Guaranteed until maturity
  • A variety of interest payment options
Minimum deposit
  • Registered plans: $500 per segment
  • Non-registered plans: $1,000 per segment
  • High returns on savings
Eligible for these plans
  • Registered plans: TFSA, RRSP, FTA, LIRA, Locked-In RRSPs, RRIF, LIF and RDSP
  • Non-registered plans
Redemption terms
  • Option to withdraw all or part of one of the segments
  • When a segment is renewed, an additional deposit can be invested in that segment only
  • Eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA)
  • Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA)
  • May be eligible for potential member dividends. Find out more about member dividends.
  • Savings-Life Insurance available
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