Caisses Desjardins du Québec and Caisses populaires de l'Ontario [Change site]

Diversified Term Savings

Quick facts

  • Main feature: capital 100% guaranteed and divided into 3, 4 or 5 amounts invested for different terms    See an example (PDF, 122 KB)
  • Terms:
    • from 1 to 3 years (for investments divided into 3 segments)
    • from 1 to 4 years (for investments divided into 4 segments)
    • from 1 to 5 years (for investments divided into 5 segments)
  • Interest rate: 0.90% to 1.85% (fixed, guaranteed until maturity, a variety of interest payment options)
Get this product 10 reasons to choose Desjardins

Who should get this investment?

Savers who want to take advantage of generally higher interest rates for investments with longer terms. Ideal if you want your investments to mature at different times: an investment technique called laddering. You can choose to cash in or reinvest funds at each maturity date.

Features

Interest rate
  • Fixed.
  • Guaranteed until maturity.
  • A variety of interest payment options.
See current rates
Minimum deposit
  • Registered plans: $500 per segment
  • Non-registered plans: $1,000 per segment
Returns
High returns on savings.
Eligible for these plans
  • Registered plans: TFSA, RRSP, FTA, LIRA, locked-in RRSPs, RRIF, LIF and RDSP.
  • Non-registered plans.
Redemption terms
  • Option to withdraw all or part of one of the segments.
  • When a segment is renewed, an additional deposit can be invested in that segment only.
Other
  • Maturity dates are spread out, making it possible to benefit from changing interest rates.
  • Desjardins caisses in Quebec are registered with the Autorité des marchés financiers, in conformity with the terms of the Deposit Insurance Act. In Ontario, deposits in registered savings plans are insured for their total amount by the Deposit Insurance Corporation of Ontario. Other deposits in Canadian dollars are insured up to $100,000. To find out more, visit the websites of the Autorité des marchés financiers and the Deposit Insurance Corporation of Ontario (DICO).
  • Eligible for potential member dividends. Find out more about member dividends.
  • Savings-Life Insurance available.

Calculate

How much will your investment be worth at maturity?

How to get this product
Online  Online
(Members who use AccèsD Affaires)
Guaranteed 100% secure
After logging on, click on the Cash management tab, then Investment purchase.

Log on to AccèsD Affaires
At a Desjardins Business Centre At a Desjardins Business Centre
Make an appointment with an account manager at a Desjardins Business Centre.
At the caisse At the caisse
Make an appointment with a caisse advisor:
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Interest rates

Diversified Term Savings
As of February 10, 2012
Term
Rate
1 year
0.90%
3 years
1.40%
5 years
1.85%
Minimum deposit: $1,000
Other terms

Publications