Average GIA Account
Fixed Interest
FIXED INTEREST ACCOUNTS
VOLATILITY METER
Based on 3 year standard deviation from Globefund.com
HOW THE ACCOUNT WORKS
The Average GIA Account earns daily interest based on the average yield of Government of Canada bonds with terms to maturity of 10 or more years.
Volatility and Risk
This Average GIA Account offers good returns and investment security. This account combines the advantage of a long-term rate and comes with a minimum interest rate guarantee. There is no minimum deposit for this account, making it ideal for regular monthly deposits. The Average GIA Account earns daily interest based on the average yield of Government of Canada bonds with terms to maturity of 10 or more years.
OVERALL PAST PERFORMANCE
This graph shows how a $10,000 investment in the Government of Canada Bonds 10yrs or more would have changed in value over time.
This illustrates the performance of the Government of Canada Bonds 10yrs or more only. Please note that the performance of the universal life account will be lower due to the universal life management fees.
INTEREST GUARANTEE
The effective annual interest rate for this account is set at least weekly and is guaranteed to be at least:
•90% of the weighted average yield over the past 15 years on current coupon Government of Canada Bonds with terms to maturity of 10 years or more less 1.75%, or
•3%,
whichever is greater
CREDITED INTEREST RATES AVAILABLE (as at July 29, 2010)
| Interest Rate | |
|---|---|
| Limited Pay UL | 3.000% |
ANNUAL COMPOUND RETURNS (as at June 30, 2010)
| 1 Year | 2 Year | 3 Year | 5 Year | Since Inception | Date of Inception | |
|---|---|---|---|---|---|---|
| UNIVERSAL LIFE ACCOUNTS | ||||||
| Average GIA Account | ||||||
| Limited Pay UL | 3.100% | 3.070% | 3.060% | - | 3.060% | Feb 2007 |
| UNDERLYING INDEX | ||||||
| Government of Canada Bonds 10yrs or more | 3.970% | 3.900% | 4.030% | 4.150% | - | |
Past results are not necessarily indicative of future performance and investment returns will fluctuate.