Registered Contract Disclosure
Dollar Limit Minimums:
RRSP/RRIF/FHSA/RESP
Variable No minimum balance required
Fixed Rate Term Minimum deposit of $1000
RDSP
Variable $25
Fixed Rate Term Minimum deposit of $1000
TFSA
TFSA Savings: No minimum balance required
Fixed Rate Term Minimum deposit of:
$500 for students aged 18-25
$1,000 for all others
Market Linked
Product Type Available as TFSA, RSP or RIF
Term Minimum deposit of $1000
Fees:
- Registered Transfer Out Fee - $100 per disbursement
- TFSA Savings - Total of one free debit per month – additional debit transactions are $5.00 each
- Pre-approved redemption of non-redeemable term prior to maturity - $100 Early Redemption Fee plus 50% of the interest that would have been earned over the life of the term.
Interest:
- Interest is paid in accordance with the length of term and applicable rate.
- Variable interest is accrued daily and paid monthly based on the rate per annum
- Non-Redeemable Term - Interest is compounded & paid annually on the anniversary date for fixed rate terms. Interest rates are expressed as an annual percentage & are guaranteed for the term of the deposit. Terms one year or longer, for interest calculation, a year is based on 365 days.
Market Linked
Investment Options - review current options as outlined in the Market Link terms and conditions
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Phone
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1-888-289-3097
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