Canadian Market Low Volatiliy GIC - 3 years

Market-linked guaranteed investment certificates




Minimum subscription






Issuance date

Maturity date


April 25, 20181

April 23, 2021

3 years


Selling period March 8, 2018 to
April 18, 2018
Type Market-linked guaranteed investment certificates

  • Variable Interest, if any, will be determined based on the price performance of the Reference Portfolio including the Reference Index multiplied by the Participation Factor (125%)2
  • The Canadian Market Low Volatility GIC can be held in a registered or non-registered account. It cannot be transferred.
  • This product is eligible for deposit insurance through the CDIC3.


What are guaranteed investment certificates?

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1. More than one issue of the Global Equity GIC may be offered in the same year and the terms and conditions may vary for each issue. Consequently, it is very important to ensure that the fact sheet you have corresponds to the issue you want to invest in.

2. The change in the Reference Share Return has a direct impact on the Variable Interest. If the Reference Portfolio does not generate a positive price return at maturity, the Global Equity GIC will not generate any Variable Interest in addition to the principal invested on the Issue Date.

3. The Global Equity GIC is a deposit eligible for deposit insurance from the Canada Deposit Insurance Corporation (CDIC), subject to maximum coverage limitations and provided the deposit is made in accordance with the conditions set out by the CDIC as indicated in its "Protecting Your Deposits" brochure (available online at or by telephone at 1-800-461-2342).

4. The Socially Responsible GIC – Canadian Market is eligible for insurance under the Canada Deposit Insurance Corporation (CDIC) up to the maximum amount permitted and subject to the applicable conditions if the deposit is made in accordance with the conditions set out by the CDIC as indicated in its "Protecting Your Deposits" brochure (available online at or by telephone at 1-800-461-7232).

Non principal protected notes (“Note Securities”), principal protected notes (“Deposit Notes”) and market-linked guaranteed investment certificates (“Market-Linked GICs”) differ from conventional debt and fixed income investment. The repayment of the entire principal amount is not guaranteed for the Note Securities and is guaranteed at maturity for the Deposit Notes and the Market-Linked GICs. Note Securities and Deposit Notes do not constitute deposits that are insured under the Canada Deposit Insurance Corporation Act whereas the Market-Linked GICs are eligible for CDIC coverage, subject to the maximum dollar limit of CDIC coverage and to applicable conditions. An investment in Note Securities, Deposit Notes and Market-Linked GICs is not suitable for all investors and even if suitable, potential investors should consider what part such investment should serve in an overall investment plan. Such investment involves risk factors that are described in the relevant offering documents. Potential investors should refer and read the offering documents.

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