Index-Linked Term Deposit

What is an index-linked term deposit? It is an investment that allows you to reap the rewards of a riskier investment (such as a mutual fund) but with the safety of a GIC. Your principal is guaranteed, therefore, you will only be risking the growth. Since the index-linked term is following the market, you have the opportunity for a higher growth than your typical GIC or savings account. It is the best of both worlds.

Who Should Consider an Index-Linked Term Deposit?

If you are looking for an investment that offers the potential for a higher return than your typical 2%, or are simply not willing to risk your principal, this could be the investment for you. Investors must be 18 years or older with a minimum $1,000 investment. Contact your ECU branch today for details on the current index-linked term available.

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