GIC Essentials
A GIC is an ideal way to make your money grow and protect your investment. You never have to worry about losing money, and you receive competitive investment returns.
GIC Benefits
Safety
The money you invest in a GIC is safe. You’ll receive 100% of your principal when the investment comes due. And, in most cases, you’ll earn a guaranteed return. Your GIC investments may also be eligible for Canada Deposit Insurance Corporation (CDIC) protection.
Stability
GICs add stability to your investment portfolio. Diversifying through GICs can help offset the ups and downs of the stock market and other investments. This can help reduce overall portfolio risk.
Liquidity
Investing in cashable GICs means your money earns competitive returns while remaining available when you want it. Many GICs allow you to cash in all or part of your investment.
Steady Income
Need regular income? GICs can provide a steady, predictable income stream from interest earned on your investments. BMO term investments offer a variety of interest payment options, including monthly, quarterly, semi-annually and annually.
Range of Choices
The flexibility of GICs can help meet any investment objective, no matter what your time horizon. Choose from terms ranging up to 10 years. Invest in a conventional GIC that pays guaranteed interest or take advantage of GICs linked to financial market performance that can offer enhanced returns.
