CIBC Market Linked GICs

Greater return potential than traditional GICs
while keeping your principal safe

 

What makes these GICs different? 

The interest rate is linked to the performance of one or more indices, a portfolio of common shares or a benchmark rate. This means that you won’t know how much you’ll earn in advance, but the potential is higher than a fixed rate investment.


You should consider investing in CIBC Market Linked GICs if you:

  • Are saving for something longer term like retirement
  • Want the benefit of investing in the markets, but none of the risk of losing your principal investment
  • Know you won’t need the money for a specific period of time
  • Are looking for investment terms of 2 to 5 years
  • Have a minimum investment of $500


Think you might need access to funds within a year?

Consider the CIBC Variable Rate GIC

No matter what the market does, your principal is protected

  • Market Linked GICs guarantee the repayment of your principal at maturity, in addition to potential interest payment(s) during the term or at maturity
  • Potential interest will be determined by the payout formula for each type of Market Linked GIC:
    • Income GICs 
      Provide a potential variable return paid periodically during the term based on the performance of an equally weighted portfolio of common shares or the performance of a benchmark rate 
    • Income and Growth GICs
      Provide a fixed return paid periodically during the term, plus a potential variable return at maturity based on the performance of a portfolio of common shares, or the performance of an underlying index 
    • Growth GICs
      Provide a potential variable return at maturity based on the performance of a portfolio of indices

The potential to outperform traditional GICs

Bar graph showing the difference between a traditional GIC and a CIBC Market Linked GIC.

With traditional GICs, you receive a fixed return on your principal investment. CIBC Market Linked GICs offer the opportunity to outperform traditional GICs by linking your return to the performance of one or more indices, a portfolio of common shares or a benchmark rate. 

Find the Market Linked GIC that’s right for you

For more information on structures and current offerings, visit notes.cibc.comOpens a new window in your browser..

Income GICs
 

  • Guaranteed repayment of your principal at maturity with the potential to benefit from the performance of an equally weighted portfolio of common shares or a benchmark rate
  • Provides the potential for periodic, variable interest payments

Income and Growth GICs
 

  • Guaranteed repayment of your principal at maturity with the potential to benefit from the performance of a portfolio of common shares or the performance of an underlying index 
  • Provides fixed interest payments which are paid annually, plus a potential variable interest payment (if any) which is paid at maturity

Growth GICs
 

  • Guaranteed repayment of your principal at maturity with the potential to benefit from the performance of a portfolio of indices  
  • Provides a potential variable interest payment which is paid at maturity

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Structured Notes