Altamira

Altamira Fixed Rate GIC

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

Security and choice. Looking for an investment that provides a fixed rate of interest and protects your principal investment? Consider Altamira Fixed Rate GICs.


Benefits 
  • Choice. A wide variety of terms and interest payment options available to meet your needs
  • Security. Your principal investment is guaranteed and CDIC insured*
  • Balance. You benefit from adding guaranteed returns from fixed interest rates to your portfolio
  • Stability. Because the rate is fixed, there's no need to worry about market volatility
  • 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 short, medium and long term investing needs
Is this right for me?To top

An Altamira Fixed Rate GIC might be a good investment if you want to know what the interest rate is on your investment is and you want to make sure 100% of your principal investment is there when it matures.

How is my return calculated?To top

Your rate of return is fixed for the term you select. Interest is calculated monthly and your interest can be paid monthly, semi-annually or annually. Or you can have the interest compound annually and paid to you when your GIC matures.  

Today’s best rates are listed below.


6 Months3.2000
1 Year3.4500
2 Years3.9000
3 Years4.1000
4 Years4.3000
5 Years4.4500

Details you need to knowTo top

Registration Eligibility

RRSP: 100%

RESP: 100%

RRIF: 100%

Access to funds

Available at maturity

Terms/Minimum Investments

You can invest in a GIC with a minimum of $1,000. However, the minimum investment required for today's best rate may vary. Call an Altamira Advisor at 1 866 352-6925 for the minimum investment required to get today's best rate for each term.

CDIC insured*

Principal and interest

Suitable for

Fixed income portion of investment portfolio

Points to considerTo top

Access to your principal investment is not available until maturity

How do I sign up?To top

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

*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").

Any order request received after 4:00 PM Toronto Time will be processed at the next business day's rate.

Want more information? Call us today.

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