Scotiabank Index Powered GIC1

Right for you if:

  • You want the higher growth potential of the stock market
  • You always want your principal to be fully guaranteed
  • 3-year term investment Get a higher rate of return tied to the performance of the S&P/TSX 60 Index2, up to a specified maximum.
  • Earn a potential return off your principal Based on any percentage increase in the closing value of the index during the period that starts 2 business days after your GIC issue date and ends 2 business days prior to the maturity date of your GIC.
  • Earn interest at our regular 3-year non-redeemable GIC posted rate Interest is added to the amount you invested and becomes the GIC issue amount, which is fully guaranteed.

PLUS:

Available as part of an RRSP, RRIF, RESP, TFSA or Non-Registered portfolio.

Purchase anytime with a minimum investment of $1,000

Issued by The Bank of Nova Scotia, Montreal Trust Company of Canada and National Trust Company.

Eligible for CDIC insurance. Please see CDIC Deposit Insurance Information for further details.

View current rates

View the historical returns for this GIC

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