Safe, secure investing with a GIC.
Have you considered purchasing a GIC? Rates at 3.35%*
Safe, simple and secure. Guaranteed savings.
At Southport Asset Management, a Guaranteed Investment Certificate (GIC) can play an important role in your financial plan. We recommend GICs as a safe, secure way for our clients to grow their investment. They provide both security and predictable income as an investment of capital where your principal and interest is guaranteed.
We have partnered with GICdirect.com to provide our clients with the best rates available in the market. GICdirect.com finds the highest available GIC rates and provides you a secure process for getting the best rate with flexibility and deposit insurance coverage.
All GICs are insured by Federal, Provincial or Corporate insurance coverage depending on the institution. Chartered Banks and Trust Companies are federally insured and Credit Unions are provincially or corporately insured. Deposit insurance is automatic and does not require special application regardless of where the depositor resides.
- Deposit Insurance from $100,000 (CDIC) to 100% guaranteed (provincial CUDGC)
- Average GIC rates are 1.00% to 1.50% higher than your retail branch.
- GIC terms range from 30 days to 5 years (10 years uninsured) and are available from partially to fully cashable.
- GIC interest rates change everyday.
To see today’s GIC rate, you can visit www.gicdirect.com, or you can give our team a call at Southport Asset Management. We’ll help you through the process.
The best way to get started is with a conversation. Call today. 1-877-446-5763.
* Rates are subject to change on a daily basis.