Canadian Index Guaranteed Return

Alterna’s MarketTracer® Term Deposit - Canadian Index Guaranteed Return is similar to a regular term deposit, but the return is based on the performance of the S&P/TSX60 index. That means you can participate in the performance of the Canadian stock market while guaranteeing 100% of your principal investment, as well as earning a guaranteed minimum return.

For more information on the Alterna MarketTracer® Term Deposit - Canadian Index Guaranteed Return, contact us.

S&P® and TSX™ are registered trademarks of Standard & Poor’s Financial Services LLC and the Toronto Stock Exchange and have been licensed for use by Alterna Savings. The product is not sponsored, endorsed, sold or promoted by Standard & Poor’s or the Toronto Stock exchange and neither Standard & Poor’s nor the Exchange Partner makes any representation regarding the advisability of investing in the Product.

Alterna refers to both Alterna Savings and Credit Union Limited (operating as Alterna Savings) and CS Alterna Bank (operating as Alterna Bank). Alterna Bank is a wholly-owned subsidiary of Alterna Savings.

Alterna Savings is a member of the Deposit Insurance Corporation of Ontario.

8.00% refers to the minimum cumulative return of the 5 year term (1.60% guaranteed annual return). 16% refers to the maximum cumulative return possible on the five year term. Minimum investment $500. Rate subject to change without notice. See in branch for details.

At Alterna Savings, eligible deposits in registered accounts have unlimited coverage through the Financial Services Regulatory Authority (FSRA). Eligible deposits (not in registered accounts) are insured up to $250,000 through the Financial Services Regulatory Authority (FSRA).

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