investor has no shortage of investment options to choose from. We believe
so strongly in our mission to make money management easy for our clients
that we went and had it registered as our Trade Mark - Money Management
We want you to profit from our research. This
section provides a base reference source of investment products in a
simple format. The information outlined below is provided to give an
overall illustration of parameters that may be in effect for this investment
P r o f i l e r:
you may find:
$2,500 - additional
Terms & Accounts:
- Daily interest tiered savings account
- Any term from 1 - 45 years.
- 1 year open account for immediate transferability
- Open RRIF available for short term funds, i.e. less than 1 year.
Guarantee Period on Transfers:
45 days (also on reinvestments and new deposits)
CANSIM Rate Adjusted:
Annually (in January)
Compounded annually at the original rate.
- $1,000 no interest
- $ 1,001 - $10,000
- $10,001 - $24,999
- $25,000 - $99,999
- $100,000 - $249,999
- $250,000 - $999,999
- $1,000,000 and over - Refer to Head Office.
- Maximum income
- Minimum payout
- Accelerated Income
- Interest only
- Level income
- Customized payment schedule
Subject to market value adjustment and $2,500 minimum. $10,000 maximum
or 10% of account value allowed once per year.
Cannot exceed legislated maximum amounts.
Monthly, quarterly, semi-annually and annually.
in LIF Pay-out amount:
At any time. Free at maturity or once per calendar year (except first
or last year). Otherwise $50 fee.
Full or Partial :
$2,500 minimum up to $10,000 or 10% of account value allowed once
per year without charge, otherwise subject to market value adjustment.
If investment matured no-charge.
Min. age varies (55 - 79) by province according to pension plan regulations.
None, payout schedule provided or if subsequent changes.
illustrations produced as part of Policy or Contract:
Before age 80, must purchase a joint life annuity unless spousal waiver
Proceeds before annuitization are payable to the spouse in most provinces.
Multiple funds (max. 5 guaranteed terms per contract); interest rate
banding based on total funds each term fund can have own payout schedule.
2) Additional Deposits - small additional deposits get rate
band enhancements when added to larger contract.
3) "Forward Commitment LIF" offers rate basis guarantee
up to 1 year before investment.
4) Favorable conversion pricing to life annuity.