Index-Linked Deposits
What is an Index-Linked Investment?
Index-Linked investments are tied to the average monthly performance of a stock index, such as S&P 500 Index®. Get the best of both worlds with a Index-Linked Deposit. Index Linked Deposits combine the potential for the higher rate of return of a stock market with the safety of a GIC principal guarantee. The investment stays at Plainsview Credit Union, which means your principal is guaranteed, so even if the index doesn't perform well before its maturity, you'll still get your principal back in full! If the index does perform well, you'll receive an interest payment at the investment's maturity date.
Now that's smart investing!
Global Market
The Global Market Index Linked deposit product will allow the member to participate in movement in the stock market index without placing their principal at risk.
- Non-redeemable
- Diversification of your investments in three major global markets.
- No risk to your principal investment
- No commission or management fees
- There is no pre-set interest rate on this investment. Return will be based on the performance of the global market indices
*** Check with your branch for availability ***
MARKETFLEX® - Index-Linked Term Deposits
- Returns based on the performance of the S&P / TSX 60 Index
- No risk to your principal investment
- There is no commission or management fee
- Participate in the Canadian stock market
- Diversify your investments
- Member participates in 100% of any gain in the Index
- Return based on an overall average of monthly observations over the three-year term
- Profit from Canada’s leading companies in the leading industries
PRAIRIES BASKET - Equity-Linked Term Deposits
Linked to the performance of 12 diversified Prairie companies, this 5 year term deposit has unlimited potential over the 5 years.
- 5 years non-redeemable
- Participate in the Canadian stock market
- Profit from Canada's leading companies in leading industries
- No risk to your principal investment
- No commission or management fees
- Return based on an overall average of monthly observations over the three-year term
- No pre-set interest rate. Return based on the performance of the underlying stocks.
- Member participates in 100% of any gain in the index.
American Market - Index Linked Deposits
Linked to the performance of many of the United States largest companies.
- Returns are based on the performance of the Standard and Poor's 500 Index
- No risk to your principal investment
- No commission or management fees
- 5 year non-redeemable investment
- Unlimited maximum rate of return potential
- Returns are based on an overall average of monthly observations over the five-year term.