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Scotia Guaranteed Investment Certificates (GICs)
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Canadian Stock-Indexed GIC

Purchase or renew
a Stock-Indexed GIC
Visit your local Scotiabank Branch

The Canadian Stock-Indexed GIC is a 3-year term investment whose return is based on the performance of the S&P/TSX 601 Index (excluding dividends).

Your principal earns a potential return based on the percentage increase, if any, in the closing value of the index during the period that starts two business days after your GIC issue date and that ends two business day prior to the maturity date of your GIC, which is then multiplied by the participation rate. The participation rate is set in advance of each new issue and varies by issue date.

How It Works

You can purchase Scotia Canadian Stock-Indexed GICs anytime with a minimum investment of $1,000. During the period between your purchase date and the next available issue date you earn interest at our regular 3-year non-redeemable GIC rate. On the issue date, this interest is added to the amount you invested and becomes the principal issue amount, which is fully guaranteed.

The term of your Stock-Indexed GIC starts on the issue date. The Stock-Indexed GIC is non-redeemable and non-transferable prior to maturity.

If the closing index value two business days prior to maturity is less than or equal to the closing value two business days after issue, your return is 0%, but your guaranteed principal is returned. Principal and any interest earned are paid at, and not before, maturity.

The S&P/TSX 60 Index Explained

The S&P/TSX 60 Index is made up of 60 of the largest publicly traded companies in Canada, from a cross-section of major industry categories. Their stock values are tracked daily and reflected in the Index, which provides a barometer of market performance.

Tracking the daily S&P/TSX 60 Index value:

  • Check the Daily Closing Index Values online.
  • By phone: by calling 1-800-387-6507 (outside Toronto) or 416-288-3506 (in Toronto).
  • At Scotiabank branches - from your branch representative.
  • Through publications - in the business section of most major newspapers.

Further Information:

Availability

The Bank of Nova Scotia (BNS) and its wholly owned subsidiaries, Montreal Trust Company of Canada (MTCC) and National Trust Company (NTC), issue Scotia Canadian Stock-Indexed GICs.

You can purchase Scotiabank Stock-Indexed GICs:
At your local Scotiabank Branch
OR for more information, call one of our Personal Investment Advisors at 1-800-953-7441.

1"Standard & Poor's" and "S&P" are trademarks of The McGraw-Hill Companies and have been licensed for use by The Bank of Nova Scotia and its subsidiary companies. "TSX" is a trademark of The Toronto Stock Exchange and has been licensed for use by The Bank of Nova Scotia and its subsidiary companies. Scotia Stock- Indexed GICs are not sponsored, endorsed, sold or promoted by Standard & Poor's or The Toronto Stock Exchange and neither party makes any representation regarding the advisability of investing in these products.



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