INDEX LINKED PRODUCTS
Prairies Basket – 5 Year Product
Market Flex – 5 Year Product
North American Basket – 5 Year Product
No risk to your principal investment.
No commission or management fees.
RRSP eligible Deposits are fully guaranteed. *
Index/Equity linked Term Deposits offer returns linked to the performance of one or more stock market indices or basket of stocks. The principal investment is guaranteed by Credit Union Deposit Guarantee Corporation. Unlike a fixed rate investment, these deposits do not provide a guaranteed rate of return. The return on these deposits is based upon the performance of the underlying index or assets. These products are a good option for investors because, unlike mutual funds, there is no chance of a loss to the original investment. There is no guarantee the investment will earn a return; however there is no risk to the principal investment.
Before you purchase an index/equity-linked term deposit there are risks you should be aware of. For complete disclosure information, please refer to the term deposit Terms and Conditions and Disclosure Summary(s) attached
Bruno Savings & Credit Union offers our members three index/equity linked products to meet your investment goals.
PRAIRIES BASKET™ INDEX LINKED TERMS
PRAIRIES BASKET™Equity-Linked Term Deposit, which allows investors to profit from the success of companies in Alberta, Saskatchewan and Manitoba. The return is calculated using an average of monthly index returns. The basket contains 12 companies that are household names on the Prairies. The companies picked encompass a wide variety of industries.
- Principal guaranteed*
- Return potential up to 50%
- Low minimum investment
- Non Registered and Registered RRSP eligible
- No fees
- 5 year Non-Redeemable Term
MARKETFLEX® INDEX LINKED TERMS
MARKETFLEX® Index-Linked Term Deposit, where the return on investment is linked to the Canadian Stock Market. Returns are based on the performance of the S&P/TSX 60®.
- Principal guaranteed *
- Return potential up to 25%
- Low minimum investment
- Non Registered and Registered RRSP eligible
- No fees
- 5 year Non-Redeemable Term
NORTH AMERICAN BASKET™ INDEX-LINKED TERM DEPOSITS
NORTH AMERICAN BASKET™ Index-Linked Term Deposit, which allows investors to profit from the success of 12 North American companies.
- Principal guaranteed
- Return potential up to 50%
- Low minimum investment
- Non Registered and Registered RRSP/TFSA/RRIF eligible
- No fees
- 5 year Non-Redeemable Term
*Credit Union Deposit Guarantee Corporation guarantees to all depositors, repayment in full of all deposits in Saskatchewan credit unions. Your initial deposit, or principal, in an index-linked term deposit is fully guaranteed. The return these deposits realize is linked to the performance of the stock exchange. Therefore, the rate of return cannot be guaranteed. However, repayment of the principal is fully guaranteed. Return is only fully guaranteed once the credit union is holding it.
Websites: This site contains daily return information, current company composition and overview of the process for re-weighting.
–Index/Equity Linked Term Deposits
“Standard & Poor’s®” and S&P® are trademarks of the McGraw-Hill Companies, Inc. and have been licensed for use by Credit Union Central of Saskatchewan.
™PRAIRIES BASKET is a trademark owned by Credit Union Central of Saskatchewan and is used under permission.
® ACCULINK, MARKETFLEX and MEMBERDIRECT and MEMBERDIRECT Design are registered trade-marks,MEMBER CARD and MEMBER CARD & Design are registered certification marks owned by Credit Union Central of Canada, used under license.
® HANDS & GLOBE Design is a registered certification mark owned by the World Council of Credit Unions, used under license.
™NORTH AMERICAN BASKET is a registered trademark owned by Credit Union Central of Canada and is used under license.