Performance Products


Our Performance products are great investing options if you're looking for a guaranteed investment that can potentially increase rate over the term. With these products, you won't ever lose your principal, but you have the opportunity to participate in the market based rate.

Both indexes used to calculate the return rates are based on diverse portfolios of large companies which helps compensate if some stocks underperform, increasing the likelihood that you still see a return on your investment.

How do they work?

Our performance products, the Performance U.S. and Performance Canada, both operate the same way. A price snapshot is taken in the start month (March 2020) and the ending month, then the percentage increase of the price between the dates will be the rate of return.

For example, if the price increase was from $1000-$1100, a percent increase of 10%, the rate of return would be 10%.

If the rate of return exceeds the cap for the product, it will be lowered to the cap.

For the Performance U.S., the rate is based on the S&P 500 index.

For the Performance Canada, the rate is based on the TSX 60 index.

Benefits Summary

  • Potential for high returns
  • Your principal is 100% guaranteed
  • Access to a diverse portfolio without the risk associated with stocks or mutual funds

Performance U.S. 2020 - 3 Year

The Performance U.S. Product will be offered in a 3-year term linked to the performance of the S&P 500 index. Returns will be based on changes in the price level of the S&P 500 from March 2020 to February 2023. The maximum rate of return is capped at 15%.

  • Minimum Return: 0% over life of term
  • Capped Return: 15% over life of term
  • Exposure to U.S. stock market

Performance Canada 2020 - 5 Year

The Performance Canada Product will be offered in the 5-year term linked to the performance of S&P TSX 60 index. Returns will be based on changes in the price level of the TSX 60 from March 2020 to February 2025. The maximum rate of return is capped at 40%.

  • Minimum Return: 0% over life of term
  • Capped Return: 40% over life of term
  • Exposure to Canadian stock market
For more information or just how to get started:

 

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