Redeemable Term Investment

For your clients who are looking for an investment whose rate and term are determined at the time of purchase.

Features

  • Terms between 3 months and 20 years
    • The term must not exceed the annuitant’s age of 95 years
    • The term must not exceed 12 months when the annuitant is over the age of 95
  • Redeemable at any time: subject to a market value adjustment
  • Minimum investment of $500
  • Simple or Compound interest
  • Eligible for registered and non-registered contracts

Compensation

  • 0.25% per year of the term, maximum of 1.25%.

Sales material