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Info-Reports - Investment Certificates
Redeemable
GICs
Today's
investor has
no shortage of investment options to choose from. At Fiscal Agents we
believe that an informed investor is our strongest asset and as such,
our financial advisors have an open-door approach to the financial services
marketplace, we can help guide you through many types of investments decisions
you are faced with by calling (905) 844-7700
We want
you to profit from our research. This section provides a base reference source of investment
products in a simple format.
 |
| SAFETY |
Score:-
6 - High - if below 5 years of issue |
| ACCESS
TO FUNDS |
Score:-
5 - High |
| INCOME |
Score:-
3 - Low/Moderate |
| CAPITAL
GROWTH |
Score:-
N/A |
| TYPE
OF RISK |
Inflation |
| TERM
/ TIME FRAME |
1,2,3,4,5
years. Some issuer will issue up to 10 years without deposit insurance. |
| OBJECTIVE |
- Guaranteed
interest income
- Liquidity
- Security
of principal
|
| INVESTMENT
AMOUNTS |
1
- 5 years $500
1
- 5 years Monthly $5,000
|
| TAX
TREATMENT |
Interest
income |
| EARNINGS
/ DISTRIBUTIONS |
Annually,
Semi-annually, Monthly |
| WITHDRAWALS
/ REDEMPTIONS |
Redeemable
any any time, redemption rate set at time of issue |
| RRSP
/ RRIF ELIGIBILITY |
Yes |
| FEATURES
/ BENEFITS |
- Interest
rate guaranteed at fixed rates to maturity
- Assignable
to issuer
- Can
be cashed before maturity at set rate
- Payment
options
|
Table
reference scale:
| 1
- Low |
2
- Low/Moderate |
3
- Moderate |
| 4
- High/Moderate |
5
- High |
6
- High/Very High |
Simple
risk definitions:
| Inflation |
Increases
in the value of goods will erode the purchasing power of your investment |
| Interest
Rate |
Rates
rise - Fixed rate investments lose value |
| Currency
|
The
value of your investment is effected by the fluctuations in currency
value |
| Market |
Stock
market - economic, political or social events that produce declines
in value |
| Credit |
Possible
default on payments or secured assets decline below par value or face
value |
Choosing
which investments are right for you will depend on a number of factors:
Your
Primary Goal - Is it to have your money readily accessible,
to have a dependable source of regular income, or to build your assets
over time? Each type of investment fulfills a different need.
Your
Time Horizon - When will you need the proceeds of your investment?
If it's within a few months or years then short-term cashable GICs or income investments
should be considered. With a long term horizon, you may want to add growth
investments to the mix.
Your
Risk Tolerance - Growth investments with a higher level of
risk will generally pay higher return, but if your nest egg and peace
of mind are key, investments with safety of principal is the answer.
For
Money Management Made Easy ®
Call Fiscal Agents -- (905) 844-7700
Fiscal Agents Info-Reports
© 1998 FISCAL AGENTS Financial Services Group
All rights reserved
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