Rbc equity linked gic calculator

Market-Linked GIC rates shown above are based on minimum and maximum cumulative interest for the full term and are current as of August Market-linked GICs, also called equity-linked GICs, rbc equity linked gic calculator, allow you to gain exposure to the stock market while your initial investment remains fully protected. Market-linked GICs are a good choice for people who want to invest in the stock market but are risk-averse, yet want the possibility of higher returns than a fixed-rate GIC.

Reading up on personal finance? Looking for ways to maximize your savings and investments? Instantly compare the best accounts in Canada and boost your ROI. In recent years, banks have introduced a twist on the traditional guaranteed investment certificate GIC. These products, known as market-linked or equity-linked GICs, are tied to the performance of the equity market and follow stock or bond indexes.

Rbc equity linked gic calculator

Choose a GIC with a guaranteed minimum return and associated maximum return—or one with no guaranteed minimum return and unlimited return potential. In this scenario, the increase is above the minimum and below the maximum. Get an indication of the current value of your GIC 1. Menu list Articles list Location list Contact list. Select Destination. Select Region Canada. Select Language English French. Contact Menu. Select Category:. The Right Choice If You. Want the growth potential of U. Need a guaranteed minimum return and the potential for higher earnings Will not need regular income from your investment Compare GICs. Higher Return Potential Participate in the returns of a U. View GIC Rates.

Your bank might automatically invest your funds into a short-term GIC in the meantime at an interim interest rate. Canadian Utilities. No early access to funds.

Many or all of the products featured here are from our partners who compensate us. This may influence which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. The Royal Bank of Canada , or RBC, offers a wide variety of guaranteed investment certificates, including non-redeemable, cashable and market-linked GICs with terms ranging from 30 days to 10 years. Not only do they offer highly competitive interest rates, but they also have flexible terms. GICs typically guarantee that you will retain your entire principal investment but may offer a lower return than other investment options, like individual stocks or index funds.

While, the actual return cannot be calculated prior to the maturity of your RBC Equity-Linked GIC and will likely differ from the return as provided by the calculator, this tool can give you an approximate idea of your equity-linked GIC's likely performance. How returns are calculated opens modal window. Calculate Return Value. Based on the purchase date of January 22, , your estimated variable rate of return is: 1. Note that the Current Index Level used in this calculation is based on the average of the latest month-end reference index values up to a maximum of 12 months.

Rbc equity linked gic calculator

Choose a GIC with a guaranteed minimum return and associated maximum return—or one with no guaranteed minimum return and unlimited return potential. In this scenario, the increase is above the minimum and below the maximum. Get an indication of the current value of your GIC 1. Menu list Articles list Location list Contact list. Select Destination. Select Region Canada.

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Buy a GIC for your registered account or on its own. Canadian Banks. You can update your maturity instructions anytime via RBC online banking or by contacting a RBC financial representative. When the stock market is doing well, market-linked GICs often reach their maximum return limits. Or, if you need additional support, you can contact RBC over the phone or walk into a branch. The Right Choice If You. In this case, it would have been better to simply invest directly in the equity market itself. Desjardins American Market. Most market-linked GICs have a guaranteed minimum interest rate, so you know that you will earn at least a certain amount of interest over the term of your investment. BNP Paribas S. Call If you answered yes to all three questions, a market-linked GIC may be a good investment product for you to consider. The participation rate of a market-linked GIC is the actual return that you will receive based on your underlying reference portfolio or index. Up to 4. Additional considerations: Market-linked GICs are typically non-redeemable.

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In this case, no adjustment to the variable return would be required as done in the previous 2 examples and you will receive the entire 7. Find the best GIC rates in Canada Watch your savings grow faster, when you invest your money in the GIC products with the best interest rates find the best rates. We're here to help Questions about your GIC? See More Rates. Most market-linked GICs have a term ranging from 3 years to 5 years. National Bank. For terms greater than or equal to one year, the available interest payment frequencies include: Monthly, semi-annually, annually or at maturity interest compounded annually. Want to earn higher returns tied to shares of specifically selected North American companies Want your principal investment fully guranteed Do not need periodic income from your investment Compare GICs. Some conditions apply. The better the index performs, the higher the Settlement Level will rise and the higher your return will be. Results Save Results downloads image of chart.