Index-Linked Term Deposit


Stock Market Index-Linked Term Deposit

The Nelson & District Credit Union markeTplus Stock Market Index-Linked Term Deposit is an ideal option for those wanting to earn greater potential returns from the stock market without risking their principal investment.

The markeTplus returns are calculated based on the performance of the S&P/TSX 60* stock market index. This index represents 60 of the foremost publicly traded companies across Canada’s leading industry sectors.

The markeTplus is eligible as a 5-year RRSP or non-registered investment.

markeTplus fact sheet click here.

Features & Benefits

- Your investment stays local
- Diversified investment mix with the potential for stock market returns
- $1000 min investment ($1000 increments)
- Deposit protected by CUDIC insurance**
- Principal investment 100% protected
- No fees or commissions
- Interest paid once, at maturity of term

Performance Update for 5-year Index-Linked Term Deposits

markeTplus is for Members

- seeking principal protection
- wishing to diversify their investment portfolio with equity-linked investments that carry no fees
- wishing to seek a higher potential return
- with a long-term investment horizon
- with the commitment to maintain investment until maturity
- not dependent on the investment as a primary source of income or RRIF conversion
- willing to forgo the guaranteed return of a traditional term deposit (GIC) for the opportunity to
benefit from a potential higher return

Income Tax: Tax will be deferred on Index-Linked Term Deposits held inside registered plans.

*  Standard & Poor's®" and "S&P®" are trademarks of The McGraw-Hill Companies, Inc. and have been licensed for use by Central 1 Credit Union and sublicensed by the Credit Union. "TSX" is a trademark of the Toronto Stock Exchange and has been licensed for use by Central 1 Credit Union and sublicensed by the Credit Union. The Index-Linked Term Deposits are not sponsored, endorsed, sold or promoted by Standard & Poor's or the Toronto Stock Exchange and neither party makes any representation regarding the advisability of investing in these deposits.

** For more information on deposit insurance, consult CUDIC’s publication “Consumer Information - Your Guide to BC Credit Union Deposit Insurance."

Participation Rate – A participation rate provides you with a percentage of any growth in the market indices.