FAQ: Guaranteed Investment Certificates (GIC)
- What choices do I have when it comes to GICs?
- What are the basic features of a traditional GIC?
- What are the options when buying a traditional GIC?
- What are the income payment options available for traditional GICs?
- What are the interest rate options available for traditional GICS?
- What are the basic features of a market-indexed GIC?
- What are the options when buying a market-indexed GIC?
- When should I use GICs?
- Does it really matter which financial institution I buy the GIC from if it is a member of CDIC?
- How do I decide on the right GIC?
- How important is the current direction of interest rates to my GIC decision?
- Are market-linked GICs a good option for investors?
- Are there other options or products similar to market-linked GICs?
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