Rates

MarketTracer

Looking for a safe investment with the potential for higher returns? Alterna’s MarketTracer may be for you. The MarketTracer is similar to a term deposit, but the performance is linked to a specific market index or group of stocks. So your principal is 100% guaranteed and you can benefit from the potentially higher returns a market investment can provide.

Invest with confidence and peace of mind with Alterna's MarketTracer Term Deposits.

Current Series Information

Canadian Financial Services Guaranteed Return

Sales Period:

November 22, 2022 to January 23, 2023

Index

Equal weighting of eight major Canadian financial institutions

Term (non-redeemable)

3 Year

5 Year

Minimum Investment

$500

$500

Principal Guaranteed

Yes

Yes

Guaranteed Annual Return

1.00%

1.30%

Guaranteed Cumulative Appreciation

3.00%

6.50%

Maximum Cumulative Appreciation

25.00%

65.00%

Market Participation

100%

100%

Plan Eligibility

RRSP and TFSA

RRSP and TFSA

Global Diversified Guaranteed Return

Sales Period:

Currently Unavailable for Sale

Index

Equal weighting of 20 large corporations representing economic sectors in the developed countries

Term (non-redeemable)

5 Year

Minimum Investment

$500

Principal Guaranteed

Yes

Guaranteed Annual Return

0.50%

Guaranteed Cumulative Appreciation

2.50%

Maximum Cumulative Appreciation

37.50%

Market Participation

100%

Plan Eligibility

RRSP and TFSA

FSRA Eligible

Yes

Canadian Financial Services Guaranteed Return

*3.00% refers to the minimum cumulative return of the 3 Year Term (1.00% guaranteed annual return). 25.00% refers to the maximum cumulative return possible on the 3 Year term. 6.50% refers to the minimum cumulative return of the 5 Year term (1.30% guaranteed annual return). 65.00% refers to the maximum cumulative return possible on the 5 Year term. Minimum investment $500. Rate subject to change without notice. See in branch for details.

Global Diversified Guaranteed Return

2.50% refers to the minimum cumulative return of the 5 Year term (0.50% guaranteed annual return). 37.50% refers to the maximum cumulative return possible on the 5 Year term. Minimum investment $500. Rate subject to change without notice. See in branch for details.

Insurable deposits covered by the Financial Services Regulatory Authority of Ontario (FSRA).

At Alterna Savings Credit Union, insurable non-registered deposits are covered up to $250,000. Insurable deposits in registered accounts have unlimited deposit coverage

For further information on deposit insurance, please ask for a brochure at the credit union or visit FSRA’s website at www.fsrao.ca

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