Index Linked Term Deposit
An Index Linked Term Deposit (ILTD) offers unlimited earning potential with zero risk to your principal investment. Like all term deposits your investment is locked in for a certain period of time; the difference is that with an ILTD your return is linked to the stock market rather than a guaranteed rate.
Index Linked Term Deposits are ideal for those who want earn a potentially higher return, without the risk of losing their principal investment. The return is calculated by the growth of the market index over the term.
- Return = ((Average Value - Starting Value) ÷ Starting Value) x Participation Rate
View current Three-year Index Linked Term Deposit returns here.
View current Five-year Index Linked Term Deposit returns here.
- Registered product - also available as a registered RSP or TFSA product.
- Unlimited Deposit Insurance - The Credit Union Deposit Insurance Corporation of British Columbia (CUDIC), a statutory corporation, protects all deposits of all British Columbia credit union members. Detail