Treasury bill ( T-bill)Ī T-bill is a short-term, low-risk investment issued by a federal or provincial government. Stocks are also called “shares” or “equities”. StockĪ stock is a unit of ownership in a company which is bought and sold on a stock exchange. The main difference between a segregated fund and a mutual fund is the guarantee that, regardless of fund performance, at least a minimum percentage of the investor’s payments into the fund will be returned when the fund matures. Segregated fundĪ pooled investment fund, much like a mutual fund, is set up by an insurance company and segregated from the general capital of the company. SecurityĪ security is a transferable certificate of ownership of an investment product such as a note, bond, stock, futures contract or option. They invest the money in stocks, bonds, options, money market instruments or other securities. Mutual fundĪ mutual fund is a type of investment in which the money of many investors is pooled together to buy a portfolio of different securities. GICs can have either a fixed or a variable interest rate. You will not lose money on the investment. Guaranteed investment certificate ( GIC)Ī GIC is an investment that protects your invested capital. If it contains high-risk assets, like some stocks, then the risk level will be high. The risk level of an exchange traded fund depends on the assets it contains. This means that the value of an exchange traded fund can change throughout the day. Exchange traded funds trade on stock exchanges and have a value that is similar to the total value of the assets they contain. Learn about current interest rates and how to buy Canada Savings Bonds. Exchange traded fund ( ETF)Īn exchange traded fund is an investment fund that holds assets such as stocks, commodities or bonds. It may be cashed at any time and earns interest up to the date it is cashed.Ĭanada Savings Bonds are only available through the Payroll Savings Program, which allows Canadians to purchase bonds through payroll deductions. At the end of the period, the Minister of Finance announces the new rates based on prevailing market conditions. Canada Savings Bonds have a three-year term to maturity, with interest rates remaining in effect for that period. It offers a minimum guaranteed interest rate. Canada Savings Bond ( CSB)Ī Canada Savings Bond is a savings product issued and guaranteed by the federal government. In return, the issuer of the bond promises to pay you interest at a set rate and to repay the loan on a set date. BondĪ bond is a certificate you receive for a loan you make to a company or government (an issuer). Some of the most common types of investments include the following: AnnuityĪn annuity is a type of investment contract that pays you income at regular intervals, usually after retirement.
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