Wealth
Index-linked products offer returns based on stock market index performance; equity-linked products offer returns based on the performance of individual stocks within an equity basket. These products may be a good option for investors because, unlike mutual funds, there is no chance of a loss to the original investment.

Conexus offers three Index/equity linked products; MARKETFLEX® and PRAIRIES BASKET™ and NORTH AMERICAN BASKET™.

MARKETFLEX®

Index-Linked Term Deposit, where the return on investment is linked to the Canadian Stock Market.

Benefits

  • No risk to your principal investment.
  • Deposits are guaranteed.

PRAIRIES BASKET™

Equity-Linked Term Deposit, which allows investors to profit from the success of companies in Alberta, Saskatchewan and Manitoba.

Benefits

  • No risk to your principal investment.
  • Deposits are guaranteed.

NORTH AMERICAN BASKET™

Equity-Linked Term Deposit, where returns are based on the performance of 12 North American companies, each  representing equal weighting within the basket.

Benefits

  • No risk to your principal investment.
  • Deposits are guaranteed.

Additional information

Your initial deposit, or principal, in an index-linked or equity-linked term deposit is fully guaranteed. Index-linked products offer returns based on stock market index performance; equity-linked products offer returns based on the performance of individual stocks within an equity basket. Therefore, the rate of return cannot be guaranteed. However, repayment of the principal is fully guaranteed. Return is only fully guaranteed once the credit union is holding it.
Index/Equity Linked products are available as registered (RRSP & TFSA) and non-registered term deposits.
 
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