A GIC investment that provides you with increasing interest rates each year.
Key Features
Guaranteed increasing rates for each year of the term.
Very attractive interest rates for the final years of the term.
Interest will compound to maturity.
Cashable in whole or in part, at any time*.
Terms of three or five years.
How You Benefit
Regardless of whether interest rates rise or fall, the rate on your Escalating GIC investment is guaranteed to increase during each year of the term.
You can lock-in now to guarantee higher interest rates in later years.
Your funds are available to you at any time -- when you need them*.
*Early redemption surrender fees may apply. Withdrawals may be subject to legislative or contract restrictions. Additional information is available from your advisor.