LOW ON RISK. BIG ON REWARD!
If you like the security of standard GICs but you’re looking to earn more, Northern’s Market-Linked GICs are the answer. Choose between:
3-Year MLGIC - Global Diversified
Up to 12%
(3.85% Annual Equivalent)
5-Year MLGIC - Global Diversified
Up to 26%
(4.73% Annual Equivalent)
WHAT’S THE DIFFERENCE BETWEEN GICs and MLGICs?
Northern’s new Market-Linked GICs give you a return based on the performance of eight of Canada’s highest performing financial institutions. Concerned about market fluctuations? Our MLGICs have an effective way of dealing with these ups and downs — instead of using the price of the securities on the campaign’s maturity date, we use the securities’ average price on three specific business days to help maximize your return.
WHY YOU SHOULD CONSIDER ADDING MLGICs TO YOUR PORTFOLIO
PERFORMANCE: MLGICs offer the potential to earn you a significantly higher interest rate than standard GICs. Click here to see the Market Linked GIC Performance Report.
SECURITY: Your principal investment is 100% guaranteed at maturity.
GROWTH POTENTIAL: The better the market is performing, the higher your return.
SAFE AND SIMPLE: MLGICs are easy to manage and are the perfect investment for those with a low tolerance for risk.
Learn more about our new MLGICs by booking an appointment with a Northern Advisor today.