The Guaranteed Investments are the most conservative
type of investment. As such, they provide the lowest rate of
return. The income from them, being 100% interest income,
is fully taxable. They could be included in your portfolio for
diversification purposes, but should not represent your
entire investment for the very important reason that their
return is usually slightly above the inflation rate and even
below it, especially during periods of rising interest rates,
which means that you could be actually losing money.
I can offer you the following types of Guaranteed
Investments:
1. From
Manulife Bank of Canada :
Short-Term Deposits (RSP and non-registered)
Guaranteed Investment Certificates (GIC RSP and
non-registered)
Tax-free Guaranteed Investment Certificate (GIC)
2. Guaranteed Interest Contracts (GIC) from Manulife
Investments.
By clicking on the name of the bank you will be able to
check the current interest rates.
Guaranteed
Investments
Always Ask For The Best!
My recommendations are based on products
offered by Manulife Bank