Check Out Our Guaranteed Products
February 04, 2009
In the uncertain times of these markets, we wanted to keep you informed about various guaranteed products in the market place today.
It’s time to protect your Goal…
1. GIC’s (Guaranteed Investment Certificate)
Each company has different types of GIC’s available but these are all of the companies offered by Marlatt. Call us for more details…
- Advisors Advantage Trust
- AGF Trust
- Bank of Nova Scotia Brk.
- BMO Mortgage Corp. (Brk)
- Canada Life
- Canada Trust Co.
- Citizens Bank
- Dundee Bank of Canada
- Effort Trust
- Equitable Life
- Equitable Trust
- Great West Life
- Home Trust Company
- Industrial Alliance
- Laurentian Bank Broker
- M.R.S Trust
- Manulife Bank
- Manulife Financial
- Maple Trust
- Montreal Trust Co. of Ca
- Natcan Trust Broker
- National Bank Broker
- National Trust Broker
- Peace Hills Trust
- Peoples Trust
- RBC (Royal Bank)
- Scotia Mort. Corp. Brk.
- Standard Life
- Sun Life
- TD Mortgage Corp. Broker
- TD Pacific Mortgage Corp
- Transamerica
- Vancity (Citizens Trust)
Note that there are estate planning and other differences between bank/trust company GIC’s and Insurance Company GIC’s. Some of these are:
- There are no surrender charges at death
- Ability to bypass probate and legal fees at death
- Potential creditor protection
- Ability to designate a beneficiary on non-registered plans
2. Principal protected notes:
Principal protected notes (also referred to as deposit notes), are a type of investment that combines the benefits of principal protection at maturity with equity market growth potential. The return is usually linked to the performance of an equity investment and the term to maturity is generally six to eight years.
Generally, if held to maturity, principal protected notes allow the investor to participate in equity markets with confidence, knowing their principal is protected. They also provide more growth potential than traditional fixed rate income investments, and may offer potential tax benefits.
3. Segregated Funds:
Segregated funds are very similar to mutual funds. A large pool of money is invested in stocks, bonds, or other securities with the goal of growing the value of the entire pool. But segregated funds are actually structured as insurance contracts, so they have some benefits that mutual funds do not.
- Guarantees - Segregated funds guarantee 75% to 100% of your contributions (minus withdrawals) when the contract matures, or on your death. The value of the contract is not guaranteed at other times.
- Potential creditor protection - If the beneficiary you’ve named qualifies, segregated funds are generally protected against seizure by creditors. This can be a big advantage for business owners and professionals wanting to protect against an unexpected lawsuit or bankruptcy.
Let’s unite together as a team to create a secure, diversified environment to protect your hard earned money. As a fellow “goal tender” we are here for you…
