Guaranteed Investment Certificates (GICs)

GICs offer a fixed rate of interest for a specific term, and both principal and interest payments are guaranteed.

  • Security and safety - Investors Group GICs are backed by the financial strength of Investors Group Trust Co. Ltd. All non-Investors Group GICs are backed by the financial strength of their organizations.
  • Competitive interest rates - guaranteed for the full term of the investment
  • Flexible investment terms - ranging from 1 year to 5 years
  • Choice of interest payment frequencies
  • Bonus rates on certain dollar amount purchases
  • Choose from a selection of GIC companies
  • CDIC protection - opportunity to maximize CDIC coverage

CDIC

 GICs issued by Investors Group Trust Co Ltd., and/or other non-affiliated GIC issuers.

Regulatory disclosures regarding Investors Group Trust Co. Ltd.

GIC rates

GIC rates – Investors Group Trust Co.

Term In Months 12-23 24-35 36-47 48-59 60
Compound GICs
RRSP and TFSA
(Min. $500.00)
0.850 1.075 1.150 1.350 1.475
Non-Registered
(Min. $1000.00)
0.850 1.075 1.150 1.350 1.475
INCOME GICs (Non-Registered, TFSA and RRIF)
Annual 0.850 1.075 1.150 1.350 1.475
Semi-Annual 0.850 1.075 1.150 1.350 1.475
Quarterly 0.725 0.950 1.025 1.225 1.350
Monthly 0.725 0.950 1.025 1.225 1.350
MINIMUM Annual ($) Semi-Annual ($) Quarterly ($) Monthly ($)
Non-Registered and TFSA 1,000.00 1,000.00 5,000.00 5,000.00
RRIF 5,000.00 5,000.00 5,000.00 5,000.00

Volume Bonus

Available on single GIC investments as follows:

  1. Investment amounts of $100,000 to $249,999 - 1/8% bonus
  2. Investment amounts of $250,000 and over - 1/4% bonus

Family grouping does not apply and multiple GIC's cannot be combined to reach the threshhold amounts.

Term Certain Annuity

Term In Months 60
Annual Interest Rate (%) 1.4
 

The above example is of payments received on a $10,000 investment at current rates. Please note the minimum payment that must be generated is $75/month.

The availability of a term will depend on the investment amount and current rates.