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TD market growth GIC,s
February 28, 2011
4:55 pm
kilarney
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anybody have any experience with these TD products?
"If you like the security that comes with a GIC but are seeking to achieve higher returns compared to today's interest rates, TD Canada Trust Market Growth GICs could be just what you're looking for. You benefit when stock markets go up over the term of the investment, without the risk of losing any principal.
You get the potential to earn more because Market Growth GIC returns are linked to the performance of one or more stock market indices. But, unlike stocks, your principal is guaranteed no matter which way the markets move."
https://www.tdcanadatrust.com/GICs/mkt_growth_gics.jsp

March 1, 2011
11:25 am
Stan
Toronto
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kilarney,

My preference for this kind of thing, is to set up a stock portfolio with TD Waterhouse and stick with conservative TSX60 stuff paying the best dividends. This is a good website for keeping track of TSX60 data:

http://www.thefinancialblogger.....te-and-ytd

I am mostly into maintaining banks paying the best dividends (BMO 4.39%), although I also like BCE (5.26%) because tends to have a pretty good track record for paying some of the highest dividends.

If you have $100,000+ to play with, then a zero-support TD waterhouse online account without an advisor is a good option, with trades costing $10 per trade. Online trading is pretty simple, i.e. even I can do it!

With managed accounts, by the time they deduct their management fees, you aren't much better off than with a high interest savings account.

February 22, 2019
5:23 pm
hwyc
GTA
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I had five in past ten years - win some, lose some
Had no choice - the funds are locked inside an ON-LIRA savings account

FINANCIALS GIC PLUS RSP 5 year maturing Dec 23, 2014 (47.37% return)
FINANCIALS GIC PLUS RSP 5 year maturing Dec 14, 2015 (26.02% return)
UTILITIES GIC PLUS RSP 5 year maturing Feb 18, 2016 (0% return)
UTILITIES GIC PLUS RSP 3 year maturing Jun 5, 2015 (0% return)
FINANCIALS GIC PLUS RSP 3 year maturing Feb 22, 2019 (9.88% return)

February 22, 2019
10:36 pm
Loonie
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There are several previous threads on index-linked and market-linked funds, with lots of good information and reasons why they are not a great idea.
I strongly suggest you seek them out and read them.
The basic principles are the same with all of these kinds of funds.
Short answer: avoid them.

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