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GIC Rates

Rates

   GIC RATES - INVESTORS GROUP TRUST CO.   2010/07/21  
 Term In Months 12-23 24-35 36-47 48-59 60
COMPOUND GICs
RRSP and TFSA (Min. $500) 1.100 1.725 2.225 2.625 2.900
Non-Registered (Min. $1000) 1.100 1.725 2.225 2.625 2.900
INCOME GICs
(Non-Registered, TFSA and RRIF)
Annual 1.100 1.725 2.225 2.625 2.900
Semi-Annual 1.100 1.725 2.225 2.625 2.900
Quarterly 0.975 1.600 2.100 2.500 2.775
Monthly 0.975 1.600 2.100 2.500 2.775
 
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   2010/07/06  
 
 Term In Months 60 120 180 240
 Annual Interest Rate (%) 3.000 3.100 3.500 3.500
 
 Investment Amount $10,000 60 120 180 240
 Monthly 179.51 96.82 71.22 57.71
 Quarterly 539.85 291.21 214.27 173.64
 Semi-annually 1083.71 584.65 430.39 348.78
 Annually 2183.55 1178.30 868.25 703.61
 
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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