Guaranteed Income Optimizer (GIO)

Is this Guaranteed Investment Certificate (GIC) right for you?

Right for you if you:

  • Need guaranteed payments of principal and interest, regardless of market conditions or interest rate fluctuations
  • Value ability to customize your cash flow and adjust payments as your needs change

May not be right for you if you:

  • Need access to your full investment prior to maturity
  • Income payments from your investment are not needed

A flexible solution to support your changing income needs

  • Guaranteed payments, regardless of market conditions or interest rate fluctuations
  • Guaranteed principal

Consider this solution if:

  • You want to be able to select among multiple payment schedules
  • You want to plan your retirement in 1 to 10 year increments
  • You want to customize your cash flow as your needs change

The Guaranteed Income Optimizer (GIO) is built to meet your diverse need for income, especially in retirement. You have built up your savings and now you can enjoy them by receiving a guaranteed, stable and predictable payment stream that is fully customizable.

A GIO can be so flexible that it makes planning for a 20- to 30-year retirement more manageable. You can plan for payments in retirement in increments of as long as 10 years by purchasing a 10-year term GIO. However, for shorter horizons, you can choose a GIO with a term as short as 1 year.

When you invest in the Guaranteed Income Optimizer, talk to your advisor and answer two key questions:

  • How often would I like to be paid?
  • How much should each payment be?

Then sit back and let your savings repay you.

The GIO supports the Scotiabank Student GIC Program.

Interested in buying GIO?


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