GICs

To manage risk, most investment portfolios are spread across three asset classes: safety, income, and growth. And while the amount allocated to each asset class will vary based on factors such as investment objective, time horizon, and risk tolerance, each one is very important.

Guaranteed Investment Certificates (GIC’s) are an ideal investment for anyone looking to add safety to their portfolio. They are 100% principal protected by the issuer, CDIC insured and offer the investor a guaranteed rate of return over a specified time period.

GIC’s can also act as a stand-alone solution for very conservative investors, or for those saving for the short term, but who are seeking a rate of return favourable to a chequing or savings account.