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GIC Rates

Rates

   GIC RATES - INVESTORS GROUP TRUST CO.   2012/01/31  
 Term In Months 12-23 24-35 36-47 48-59 60
COMPOUND GICs
RRSP and TFSA (Min. $500) 1.025 1.175 1.500 1.875 2.100
Non-Registered (Min. $1000) 1.025 1.175 1.500 1.875 2.100
INCOME GICs
(Non-Registered, TFSA and RRIF)
Annual 1.025 1.175 1.500 1.875 2.100
Semi-Annual 1.025 1.175 1.500 1.875 2.100
Quarterly 0.900 1.050 1.375 1.750 1.975
Monthly 0.900 1.050 1.375 1.750 1.975
 
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.

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   TERM CERTAIN ANNUITY   2011/12/01  
 
 Term In Months 60 120 180 240
 Annual Interest Rate (%) 1.500 1.950 2.750 2.750
 
 Investment Amount $10,000 60 120 180 240
 Monthly 173.05 91.71 67.70 54.05
 Quarterly 519.81 275.58 203.56 162.51
 Semi-annually 1041.56 552.50 408.51 326.13
 Annually 2090.89 1110.35 822.59 656.72
 
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.

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