|
|
|
Click above to
find out how Fiscal Agents can assist you
on investing in GICs.
|
|
|
|
Now Quick-Nav
enabled!
Use this link to connect you directly to additional useful information
related to GICs.
|
 |
|
IP-Profiler - Investments / Deposits
Cashable
GICs
Today's
investor has no shortage of investment options to choose from. At Fiscal
Agents we believe that an informed investor is our strongest asset and
as such, our financial advisors have an open-door approach to the financial
services marketplace. We can help guide you through many types of investments
decisions.
We believed
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
Made Easy®.
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
product.
Investment
Product
P r o f i l e r
: |
Cashable
GICs |
| Questions
to Ask: |
Answers
you may find: |
| Incorporated: |
Federally
/Provincially Alberta |
| Instrument
issued: |
Cashable
Guaranteed Investment Certificate |
| Term
(years): |
1
year / Some issuers offer 30 days to 5 years (with prior redemption
rates) redeemable notes. |
| Certificate/Confirmation
Issued: |
Confirmation |
Interest
Payment Frequency /
Minimum Deposit: |
500
Annual, 500 Semi-Annual, Monthly Short Term $5,000 |
| Deposit
levels: |
Varies |
How
are cheques with
J.T.W.R.T.S worded: |
John
(and, or, and/or) Mary |
| Rate
reduction from Annual Rate: |
Semi-Annual
- Varies
Monthly - Varies |
| Interest
Payment dates: |
Anniversary
date or date funds are requested. |
Instrument
maturing on
anniversary date / business day: |
Anniversary
date / Business date. |
| Compounding
Options: |
N/A |
| Mail
Interest Cheques: |
14
days prior to payment. |
| Transferable: |
Yes |
| Assignable: |
No |
| Redeemable
/ Redemption Penalty: |
If
within 30 days of the original purchase date no interest is payable,otherwise
full interest or reduction rate set at time of purchase. |
GICs
Cashable / Transferable
upon death: |
Yes |
| Documentation
required: |
Death
Certificate, letter of probate, declaration of transmission, copy
of will, power of attourney. |
| Fee
/ Penalty: |
Varies |
Notes:
Certificate/Confirmation
Issued:
In
addition of what type of note is issued we wish to point out that upon
maturity, we are referring to whether or not the certificate or confirmation
need be surrendered in order for redemption to take place.
Transferable:
1.
Where does the transfer of ownership take place? (i.e. Head Office or
Branch)
2. How long does transfer take?
3. Are there any charges?
4. What date is the certificate re-issued
from?
Data
extracted from The Fiscal Reports - Investment Instruments Report #
5 - 3 are provided as a generic product illustration only - issuers
of such products may have some, but not all of the features shown below.
To order your Institutions IP-P r o f i l e r (Click here)
The
Fiscal IP-P r o f i l e r Reports
© 1998 FISCAL AGENTS Financial Services Group
All rights reserved
|
