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IP-Profiler - Investments / Deposits
Short
Term Deposits
Today's
investor has no shortage of investment options to choose from. We believe
so strongly in our mission to make money management easy for our clients
that we went and had it registered as our Trade Mark - Money Management
Made EasyŽ.
We want you to profit from our research. This
section provides a base reference source of investment products in a
simple format. The information outlined below is provided to give an
overall illustration of parameters that may be in effect for this investment
product.
Investment
Product
P r o f i l e r
: |
Short
Term Deposit |
| Questions
to Ask: |
Answers
you may find: |
| Instrument
issued: |
Short
Term Deposit |
| Customer
records: |
Confirmation
- Term Deposit, certificate -GIC |
| Terms: |
30
- 364 days |
| Minimum
deposit: |
$1,000
Term Deposit
$5,000 Short term GIC |
| Deposit
levels: |
$3,000
- $4.999
$5,000 - $24,999
$25,000 - $49,999
$50,000 - $100,000
$250,000 - $1 million + |
| Interest
payment options: |
At
maturity / if longer then 90 days monthly into account |
Renewal
instructions
NOT received: |
Investment
automatically reinvested for same term as original investment. |
| Assignable: |
Issuer
only, if certificate issued $25 fee |
Redeemable
-
Redemption penalty:
(rate % reductions are subject
to change without notice) |
GIC
Non-Redeemable.
Short term yes, no interest paid if encashed within 30 days, thereafter
penalty rate reduction. Possible $25 fee if less than 30 days |
Data
extracted from The Fiscal Reports - Investment Instruments Report #
5 - 2 are provided as a generic product illustration only - issuers
of such products may have some, but not all of the features shown below.
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