Guaranteed Investment Certificates (GICs) are low risk investments that earn interest for a specific amount of time. GICs are more flexible now than they have been in the past. Financial institutions offer a variety of payment and redemption options that make them a more attractive choice for investors.

GIC terms vary from one month to 25 years or more. They have low fees, are low risk and financial institutions offer insurance for your investments that guarantees that your money is secure. Financial institutions that offer GICs include insurance companies, trust companies, credit unions, and banks.

Macnaughton & Ward Financial Services shops the market and can give the current rates of more than twenty financial institutions.

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Benefits of GICs:

  • Security and Peace of Mind
  • Flexibility and Access
  • Reliable Income
  • Low Minimums
  • Diversified Investments
  • Available to many Account Types
  • Convenience


Laddering – A GIC Investment Strategy

Laddering is a relatively simple concept where investors purchase GICs with differing maturing dates and thus different rates of return.

If you have $100,000 to invest, for example, divide the investment into equal amounts of $20,000:

  • Invest $20,000 for 1 year;
  • Invest $20,000 for 2 years;
  • Invest $20,000 for 3 years;
  • Invest $20,000 for 4 years; and
  • Invest $20,000 for 5 years.

Any maturing GICs would be invested for 5yrs.

Advantages are:

  • Diversification;
  • Liquidity;
  • Eliminates guess work;
  • Security;
  • Better control of cash flow; and
  • Potential increase in returns.


Call us TODAY at (800) 397-0115 to purchase your GIC at one of our top rates!