GIC Laddering Tool⁽¹⁾

GIC Laddering Illustration

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Laddering is a strategy of investing in long-term GICs but staggering the maturity date, so that not all of your money is locked in for the same length of time. Use the tool below to see how it works.

What is a GIC Laddering Strategy?

* Required Information


*Amount to Invest:	$

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Today
Purchase a 1-year GIC at % and invest	Reinvest in a 5-year GIC at % and invest
Purchase a 2-year GIC at % and invest	–	Reinvest in a 5-year GIC at % and invest
Purchase a 3-year GIC at % and invest	–	–	Reinvest in a 5-year GIC at % and invest
Purchase a 4-year GIC at % and invest	–	–	–	Reinvest in a 5-year GIC at % and invest
Purchase a 5-year GIC at % and invest	–	–	–	–	Reinvest in a 5-year GIC at % and invest

*Interest Payment Frequency: Changing this value will effect the GIC Laddering results above
Would you like to enter your own alternate rate?	Use Alternate Rate?Yes Use Alternate Rate?No

Term	1 Year	2 Year	3 Year	4 Year	5 Year
*Today's Current Rate^:**	%	%	%	%	%
Alternate Rate: (Enter Your Alternate Rate)	Change Rate 1 Year, this will effect the GIC Laddering results above %	Change Rate 2 Year, this will effect the GIC Laddering results above %	Change Rate 3 Year, this will effect the GIC Laddering results above %	Change Rate 4 Year, this will effect the GIC Laddering results above %	Change Rate 5 Year, this will effect the GIC Laddering results above %

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Laddering Strategy Difference

The laddering strategy to investing in GICs would provide you before tax an additional after 10 years.

Interest Earned
Year	Laddered GICs	1 Year GICs

r








Total
Effective Yield	%	%

* Interest Rate is variable and is subject to change.

¹ The output of this calculation tool including any analyses, tables, guidelines, discussions, charts or scenarios are based on the information you have provided to us regarding your personal financial circumstances or objectives. In deriving or calculating its output, this calculation tool may make use of assumptions in respect of the following factors: interest rates, inflation rates, rates of return, taxation rules or other related assumptions. These assumptions are subject to rapid change over time. The assumptions, calculation methods or output of this calculation tool may differ substantially from the assumptions, calculation methods or opinions of taxation or other regulatory authorities or your own accountant, lawyer or other professional advisor.

The output of this calculation tool is not a financial plan and is not intended as a solicitation to purchase specific investments or enter into specific financial transactions. This calculation tool is provided only for your general guidance. You should consult your own accountant, lawyer or other professional advisor to ensure that any action you take is based on the latest financial information, calculation methods, taxation rules or applicable legislation.

We make no warranties, expressed or implied, as to the accuracy or completeness of the information or output contained herein and shall not be liable for any losses or damages arising from any errors or omissions in such information.

Interest Payment Frequency:
Term	1 Year	2 Year	3 Year	4 Year	5 Year
Total Rate:	%	%	%	%	%

GIC Laddering Tool(1)

GIC Laddering Illustration

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Attention: Please review the items below to continue your application.

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Initial Investment

Today

Term

1 Year

2 Year

3 Year

4 Year

5 Year

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Laddering Strategy Difference

GIC Laddering Tool⁽¹⁾

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Edit GIC Laddering Illustration
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