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