Altamira

Altamira Active Management GIC (Currently not for sale)

Benefits | Is this right for me? | How is my return calculated? |
Details you need to know | Points to consider | How do I sign up? |

guaranteedGrowth and security. Looking for potentially higher returns than what you'd get from a GIC with fixed interest rates? Consider the Altamira Active Management GIC. Your return is based on publicly traded stocks and bonds, and alternative investment markets such as currencies. Because of this, your return is potentially higher than a Fixed Rate GIC, and subject to less volatility than other equity linked GICs because this GIC is based on a broad range of investment markets that move independently of each other. And you benefit from the security that comes from investing in a GIC because your principal is guaranteed.

Benefits 
  • Potential for higher returns. Your return is based on the performance of investment markets that move independently of each other, so you benefit when markets move up and down
  • Security. Your principal investment is guaranteed*
  • Convenience. Easy to set up, manage and renew
  • Available for all needs. Eligible as Canadian content in RRSPs, RESPs, and RRIFs as well as for your long term investing needs
Is this right for me?To top

The Altamira Active Management GIC might be a good investment if you want to increase your return potential through exposure to both the stock market and alternative markets without risking your principal investment.

How is my return calculated?To top

Your return is linked to the performance of the instruments that make up the underlying portfolio. Your return has unlimited potential and it is guaranteed to be no less than zero at maturity. Interest is paid at maturity.

Details you need to knowTo top

Registration Eligibility

RRSP: 100%

RESP: 100%

RRIF: 100%

Access to funds

Available at maturity

Details for Series to be issued†

This product is not available at this time

Term

5 years

Minimum Investment

$500

CDIC insured

Principal and Interest

Suitable for

Equity portion of investment portfolio

Points to considerTo top
  • More earnings potential than fixed term GICs

  • Return is linked to a wider range of investment markets than other equity linked GICs

  • If the return is negative at maturity, your rate is 0%

How do I sign up?To top

How do I sign up?

It's simple...all you have to do is:

  1. Download an application form, request one by telephone or pick one up at the Altamira Investment Centre nearest you. 

  2. Complete the application form and return to Altamira along with a cheque.

Need help? Contact an Altamira Advisor at 1-866-351-6925 or send us an e-mail.

Important

†The Altamira Active Management GIC is issued, managed and guaranteed by National Bank of Canada, not Altamira. Altamira obtains the GIC on your behalf as agent and will hold it in your Altamira account. Several issues of the Active Management GIC may be offered in the same year and features may vary for each issue. Please consult an Altamira Advisor.

*GICs offered by Altamira are issued by financial institutions that are members of the Canada Deposit Insurance Corporation (CDIC) and therefore are eligible for deposit insurance from CDIC (subject to maximum coverage limitations as outlined in CDIC's brochure entitled "Protecting Your Deposits"). Active Management GICs with a term of 5 1/2 years are not eligible for this insurance, but the principal is guaranteed by the National Bank.

Want more information? Call us today.

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