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CIBC Stock Market Advantage® GIC

The CIBC Stock Market Advantage GIC allows you to take advantage of the unlimited growth potential of investing in Canadian stock markets, but with full protection of your principal.

The CIBC Stock Market Advantage GIC is a non-redeemable GIC that combines the security of a regular GIC with the growth potential of investing in Canadian stocks. Returns are based on the performance of a well-known Canadian index - the S&P/TSX 602.

Interested in purchasing a CIBC GIC?
Call Telephone Banking1 or visit your branch.
1-866-525-8622 toll free


Type index-linked
Minimum investment $500
Terms available 3 and 5 years
Access to funds at maturity only
Interest interest, if any, is paid at maturity only


Interested in an RRSP GIC?
Consider a CIBC Stock Market Advantage RRSP GIC.
For RRIF/LIF portfolios
We recommend the CIBC RRIF GIC and LIF GIC.


Is it for you?

The CIBC Stock Market Advantage GIC could be for you if any of the following apply:

  • You want a safe investment that can provide a potentially higher rate of return than a traditional GIC.
  • You want to know that your principal is fully guaranteed, especially during times of market volatility. Your GIC principal is repaid at maturity.
  • You want exposure to the unlimited growth potential of Canadian markets.
  • You have a longer-term investment horizon of 3 to 5 years, and know you will not need access to your GIC before it matures.
  • You want protection from sharp declines in the index value just prior to maturity (see Index-Linked GICs Index-Linked Information Statement for more details).

Useful information

  • You get diversification in one easy step - your return is based on the performance of the S&P/TSX 602 Index (subject to a participation rate), which tracks the performance of 60 of Canada's largest publicly listed corporations.

  • Here's how your funds are invested:
    • 100% Growth - 100% S&P/TSX 602 Index
  • The return of your CIBC Stock Market Advantage GIC depends on:
    • The performance of the S&P/TSX 602 Index over the term of your GIC. Since the values of the stocks fluctuate depending on market conditions, the performance of this index will also fluctuate.
    • If the index goes up over the term of your GIC, you benefit with a positive rate of return. The return is subject to a participation rate, which means you receive a percentage of any increase in the index; this rate is set when you buy your GIC.
    • A return is not guaranteed; if the index falls, there will be no return.
    • Interest will be calculated in accordance with the formula set out on the Index-Linked Information Statement.
  • If you like this type of investment, you may also want to consider the CIBC Market Mix GIC.

® Registered Trademark of CIBC

1 To buy through Telephone Banking, you need to have a CIBC bank account or CIBC GIC already.

Regulations for Index-Linked GICs Purchased Through Telephone Banking:

When you purchase an Index-Linked GIC through Telephone Banking, you have 8 business days from your purchase date to cancel your GIC if you wish to do so. Upon cancellation, CIBC will refund the principal amount, if any, deposited with it pursuant to the contract.

2 S&P is a trademark of the McGraw-Hill Companies Inc. TSX is a trademark of the Toronto Stock Exchange. These marks have been licensed for use by CIBC Trust Corporation. This GIC is not sponsored, endorsed, sold or promoted by Standard & Poor's or the Toronto Stock Exchange and neither makes any representation, warranty or condition regarding the advisability of investing in the GIC.