Guaranteed Investment Portfolio – Retirement Income

Current issue in effect until June 30, 2012

Who should get this investment?

The Guaranteed Investment Portfolio – Retirement Income is ideal if you want regular, guaranteed monthly income while getting the benefits of potential higher returns offered by financial markets. To better meet your needs, you can elect to receive regular income of 6%, 8% or 10% of amount invested annually. The investment also offers a minimum annual guaranteed return and is risk-free.

Features

Security	Protected by deposit insurance. Capital 100% guaranteed1.
Income	Annual income of 6%, 8% or 10% of amount invested.
Returns	Guaranteed annual minimum return on capital once withdrawals begin3. Potential higher returns than offered by financial markets3 Enhanced return if you invest $100,000 or more. Protection against exchange rate fluctuations. See returns Example of how the return is calculated (PDF, 26 KB)
Eligible for these plans	Registered plans: RRIF, LIF and RDSP. Non-registered plans.
Income taxation4	Registered plans: Taxes are withheld at source on all withdrawals exceeding the annual minimum amount. Non-registered plans: Annually on the guaranteed minimum return. At maturity on the difference between the minimum return and the maximum return paid.
Payment amount and frequency	Annual income of 6%, 8% or 10% of amount invested. Paid monthly, on the 15th of each month.
Other	Access to international capital markets. Eligible for potential member dividends.

Options available

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	By phone (Members)	Call 1-888-283-8333
	At the branch	Make an appointment with an advisor at a branch.

1. A portion of the capital is returned as monthly income. The balance is returned at maturity.
2. Cashable or convertible once a year after year 3, at specific times designated to this end and according to the same terms as other market-linked guaranteed investments.
3. Return based on stock market performance may be nil at maturity. Your capital and the annual minimum return are guaranteed.
4. Income is taxed annually.