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.

Outlines

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

Maturities :One portion of the investment matures each year

Interest rate :Each portion has a different interest rate

Features


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
Returns	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
Other	Maturity dates are spread out, making it possible to benefit from changing interest rates In Ontario, deposits are insured with the Deposit Insurance Corporation of Ontario (DICO). To learn more about deposit insurance, request a brochure at your Caisse, call DICO at 1-800-268-6653 or visit the Deposit Insurance Corporation of Ontario website. Eligible for potential member dividends. Find out more about member dividends. Savings-Life Insurance available

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