With our stock market GICs, the performance of the underlying index determines the growth of your investment. If the underlying index goes up, your money grows. But if the underlying index goes down, your principal investment is 100% guaranteed. Simply put, you get none of the risk and all of the reward.
Stock market GICs offer the potential for significantly higher returns than other investments, and buying them is a great way to diversify your portfolio without adding a lot of risk.*
Right now, we're offering two stock market GICs: a 3-year Bank & Energy Stock Market GIC Series 2 and a 5-year Canada Stock Market GIC Series 4. Interested?
|3-year Bank & Energy Stock Market GIC Series 2||5-year Canada Stock Market GIC Series 4|
|Length of term:||3 years||5 years|
|Stock market index:||50/50 weighting of each Index:
50% S&P/TSX Capped Financial Index
50% S&P/TSX Capped Energy
(60 of the largest companies across 10 sectors, including energy, health care, information technology and utilities)
|Minimum guaranteed return:||N/A||3% total return|
|Performance:||100% participation up to 25% total return||100% participation with no cap|
|Minimum investment amount:||$1,000 ($500 for RRSP)||$1,000 ($500 for RRSP)|
|Redemption:||At maturity||At maturity|
|Eligible for Profit Share?||Yes||Yes|
|Information sheet:||Bank & Energy||Canada|
And remember, your investment, including the interest earned, is covered by our 100% deposit guarantee. It’s just another way Servus is there for our members.
*Terms and conditions apply. The Servus logo and the Servus Circle graphic device are trademarked properties of Servus Credit Union Ltd.