FAQ - Guarantee Advantage

It's an investment that provides you with a return that's linked to the performance of publicly traded or stock market securities, on a given maturity date.

There are no management fees.

The minimum investment amount is $500.

The features of Guarantee Advantage change from one campaign to another. We generally offer 4 or 5 campaigns a year. To get more details and see which options are offered, access the Features Table for the current campaign, found at the top of this page.

The rate of return on the basket of securities is calculated at maturity. For each issue, 3 specific business days – Opens a tooltip from the last 3 months of the term are used to determine the final return. The total return is equal to the average of the cumulative returns for each security in the basket on each of these 3 days. All of the securities in the portfolio have the same weighting.

To learn more, see Example of how the return at maturity is calculated.

To find out which securities are included in the baskets offered, access the Features Table for the current campaign, found at the top of this page.

The baskets of securities that Guarantee Advantage invests in include companies whose brand names, products and services are widely known and used.

Yes, you can withdraw your contract's – Opens a tooltipsurrender value – Opens a tooltip at any time. The surrender value is equal to the current value – Opens a tooltip minus a market value adjustment. It cannot be greater than the current value or the amount of the initial deposit – Opens a tooltip.

Contact your representative if you need to make a withdrawal.

Yes. Deposits are accepted up to the Owner’ s 95^th Birthday.

Guarantee Advantage is eligible for the following plans: RRSPs, LIRAs, RRIFs, LIFs1 and TFSAs, in addition to non-registered savings.