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: |
RRSP
- Fixed Term (GICs) Non-Cashable |
| Questions
to Ask: |
Answers
you may find: |
| Minimum
Deposit: |
$500 |
| Terms: |
6
- 84 months. Please Note:-
Some companies issue fixed term RRSPs past 60 months (5 years) without
Deposit Insurance. Deposit Insurance covers (GIC type) investments
with maturities less than 5 years. |
Rate
Guarantee Period:
Transfers In:
Renewals: |
60
Days
35 Days |
| Interest
Compounded and Reinvested: |
Interest compounded annually on anniversary date and paid at maturity. |
| Maturity
Notice / No Instructions Received: |
Notice sent 21 - 35 days prior to maturity.
If without instructions, investment is reinvested for same term, same
option. |
| Fees: |
Full or partial withdrawal or transfer $25.
If multiple withdrawals or terminations are made at same time, only
one fee is charged. |
Pre-maturity
RRSP Transfer for
Early Purchase of RRIF
or Annuity Internally or Externally / Penalty: |
Yes, internally or family product - no penalty.
External - subject to maturity restrictions. |
IP-Profiler - Retirement
