Download Manulife Investments GIC

Manulife Investments GIC
Security for your portfolio, Choice and flexibility for you
Manulife Investments GIC*
INNOVATIVE FEATURES THAT MEET YOUR INVESTMENT NEEDS
1.Enjoy greater choice and flexibility — a unique
suite of GIC investment options
2.Benefit from rate guarantees on new
investments — interest rates can be guaranteed for
up to 30 days when you move money from another
financial institution to Manulife Investments
6. Save or defer taxes on your non-registered
GIC — policy-year tax reporting allows you to delay
paying tax on interest earned for up to one year; in
addition, you may qualify for pension income splitting
and an annual pension income tax credit if you’re 65
or older
3. “Better-of” rate guarantees on renewals —
lock-in interest rates up to 30 days prior to the
renewal of your Manulife Investments GIC account;
if the rate in effect on the day of your renewal is
greater than the guaranteed rate, you receive the
higher rate
7. Save time and money for your beneficiaries —
the value of your investments can be paid directly
and privately† to your named beneficiaries without
4. Select income payments geared to your
needs — several payment frequencies and retirement
income options
9.Invest with confidence — your GIC is backed by
the strength of Manulife Financial, a member of
Assuris. Visit www.assuris.ca for more details.
probate**, legal, and estate administration fees
8.Ensure a solid rate of interest — you can receive
all these benefits plus a competitive interest rate
5.Potential creditor protection – can be ideal for
professionals and small business owners looking to
help protect personal assets from professional liability
* Refers to Guaranteed Interest Contract (GIC). † Privacy benefit is not applicable in Saskatchewan. ** Probate is not applicable in Quebec. Fees vary by province.
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Basic gic Account
A cashable GIC investment that offers you the security of guaranteed interest
rates – but also the flexibility to cash-in if the need arises
KEY FEATURES
HOW YOU BENEFIT
§§Available half-year rate bonus — add six months to a
§§You can plan your maturity dates to line up with future
standard length term and get the next year’s interest
rate (e.g. a 2 1/2-Year Term would receive the standard
3-Year rate)
§§Interest can compound to maturity — or, for a
non-registered GIC, be credited monthly, quarterly,
semi-annually or annually to the Daily Interest Account
investment plans, expenditures or lifestyle changes
§§You can earn a higher interest rate by simply adding
six months to a standard length term
§§Your funds are available to you at any time — when
you need them*
§§Pick any maturity date you desire, within the term
period chosen
§§Cashable in whole or in part at any time
§§Terms from six months to 10 years (up to 30 years
*
for registered retirement income GICs)
*Surrender charges may apply if withdrawals are made prior to the maturity date. Withdrawals may be subject to legislative or contractual restrictions. Additional information is available from your advisor.
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Basic Non-cashable GIC Account
A non-cashable GIC investment with the security of guaranteed interest rates
KEY FEATURES
HOW YOU BENEFIT
§§Higher interest rates than the Basic GIC Account
§§You earn a higher rate compared to a standard term in
(cashable)
§§Non-cashable during the term, except on death
§§Interest can compound to maturity — or, for a
non-registered GIC account, be credited monthly,
quarterly, semi-annually or annually to the Daily
Interest Account
§§Pick any maturity date you desire, within the term
period chosen
§§Terms from six months to 10 years
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the Basic GIC Account (cashable)
§§You can plan your maturity dates to line up with future
investment plans, expenditures or lifestyle changes
Laddered gic Account
A GIC investment that will automatically diversify your portfolio by ensuring
that a portion matures each year and is reinvested at attractive long-term rates
KEY FEATURES
HOW YOU BENEFIT
§§Your investment is evenly divided into multiple term
§§You have greater protection against fluctuating
lengths, all receiving the same initial competitive
interest rate (i.e. into 1, 2, 3, 4 and 5-Year Terms)
§§Laddered Account options of five years (1 through
5-Year Terms) and 10 years (1 through 10-Year
Terms) available
§§A portion of your investment matures each year
and is automatically reinvested into a Basic Account at
a 5 or 10-Year Term (based on the original Laddered
Account option chosen), or can be invested in a
different term length or withdrawn
interest rates in the future
§§One attractive initial interest rate for all your
investment terms
§§Your GIC investments can renew automatically into
attractive long-term rates, with minimal involvement
by you
§§Your funds are available to you at any time –
when you need them*
§§Interest can compound – or, for a non-registered
GIC, be credited monthly, quarterly, semi-annually
or annually to the Daily Interest Account
§§Cashable in whole or in part at any time
*
*Surrender charges may apply if withdrawals are made prior to the maturity date. Withdrawals may be subject to legislative or contractual restrictions.
Additional information is available from your advisor.
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Escalating Rate GIC Account
A GIC investment that provides you with increasing interest rates each year
KEY FEATURES
HOW YOU BENEFIT
§§Guaranteed increasing rates for each year of
§§Regardless of whether interest rates rise or fall,
the term
§§Very attractive interest rate(s) for the final years
of the term
§§Interest will compound to maturity
§§Cashable in whole or in part at any time
§§Terms of 3 or 5 years
*
the rate on your Escalating Rate GIC Account is
guaranteed to increase during each year of
the term
§§You can lock-in now to guarantee higher interest rates
in later years
§§Your funds are available to you at any time —
when you need them*
*Surrender charges may apply if withdrawals are made prior to the maturity date. Withdrawals may be subject to legislative or contractual restrictions.
Additional information is available from your advisor.
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Market Growth gic Account
A GIC investment that enables you to participate in the growth potential of
market-based investments, while guaranteeing your principal
KEY FEATURES
HOW YOU BENEFIT
§§Offered by Manulife Investments during limited
§§You can participate in the growth potential of market-
time periods
§§Links your returns to market-based investments
selected by Manulife Investments
§§Investment growth during the term is based on the
performance of a market-based investment and is
credited on the maturity date*
based investments — and your principal is 100%
guaranteed at the maturity date
§§Enables you to diversify your GIC portfolio and
to benefit from a unique investment type, while
guaranteeing your principal
§§Your principal investment is 100% guaranteed at
the maturity date
§§Non-cashable during the term
*At any date prior to the maturity date, the interest is zero and the value of the investment is the principal amount.
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Daily Interest Account
A GIC account that provides easy access to your money, without fees
KEY FEATURES
HOW YOU BENEFIT
§§A short-term holding account
§§Money is available anytime without fees
§§Interest is compounded daily and credited monthly
§§A convenient place to “park” your money while you
take time to make investment decisions
§§Gives you access to your money anytime without fees,
to meet your short-term liquidity needs
§§Also useful if you want to consolidate your funds for
future investment purchases
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Retirement income features
You can enjoy additional retirement income benefits
with the Manulife Investments GIC
KEY FEATURES
HOW YOU BENEFIT
§§Choose from Basic (cashable), Laddered or Daily
§§Provides you with a wide range of flexible
Interest Accounts
§§Select from several payment frequency options —
monthly, quarterly, semi-annual or annual
§§Scheduled payment amount options —
choose the government prescribed minimum or
maximum (if applicable), level or indexed payments
§§Withdrawal order options — choose to have payments
proportionately withdrawn from all GIC investments
in your contract or use the interest first from the GIC
investments with the lowest rates
options for payment frequency, payment
amounts, withdrawal orders and withholding tax
§§Ability to change your payout options as your
needs change
§§Greater access to your money with additional 10%
charge-free annual cash withdrawal option
§§Automatic payments are conveniently deposited to
your bank account
§§Flexible withholding tax options — tax withheld based
on government prescribed rates or you can choose the
tax rate, subject to government prescribed rates
§§Payments deposited directly to your bank account
§§Charge-free annual cash withdrawal option — in
addition to scheduled payments, you can withdraw
up to 10% of the value of all your Basic and Laddered
Accounts once per year, to a maximum of $10,000,
without charge
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When you’re considering GICs, your advisor can:
§§Search for the best GIC products and interest rates
§§Offer GIC products that aren’t available directly
to investors
§§Ensure the right product “fit” for your overall financial
plan, taking into account your financial situation, risk
tolerance and goals
§§Customize solutions to meet your unique investment
needs, taking into consideration:
–– Investments that best meet your objectives
–– Keeping your money accessible or locking it in
–– The length of GIC term that is right for you
–– The best ways to diversify your investments
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Together with Manulife Investments, your advisor
will help you find the financial solutions that work
best for you – and help you get security for your
portfolio, and the choice and flexibility you need.
GICs – security for your portfolio, choice and flexibility for you
Guaranteed Interest Contracts (GICs) provide you with key benefits
you’re looking for:
§§A solid foundation for your investment
portfolio — reducing overall portfolio risk and
providing you with more consistent returns
§§A guaranteed rate of interest — ensuring that at
§§Peace of mind — you’ll rest easy knowing that your
principal is safe and secure
§§A broad range of investment choices — for both
short-term flexibility and long-term security
least part of your portfolio is continually growing
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For more information, please contact your advisor or visit manulife.ca/investmentS
The Manufacturers Life Insurance Company is the issuer of the Manulife Investments Guaranteed Interest Contract (GIC). Manulife, Manulife Investments, the Manulife
Investments For Your Future logo, the Four Cubes Design, the Block Design and Strong Reliable Trustworthy Forward-thinking are trademarks of The Manufacturers Life Insurance
Company and are used by it, and by its affiliates under license.
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