RRIFs

Non-Redeemable

Non-Redeemable, registered.
1, 2, 3, 4 or 5 year terms².
$1,000 minimum investment.
Access to funds at maturity only.
Interest is compounded annually and is paid in full at maturity (or upon redemption).
Automatic reinvestment at current rate³.
Earn tax sheltered, compound interest at a guaranteed rate.
Provides flexibility for you to choose a term length that meets your needs.

Long term

3 year convertible

	3 year	3.90%

Transfer out: $100

Duplicate T4 RRIF: $15

Lump sum withdrawal (per withdrawal): $25

Inactive account fee: $25

	1 year	3.45%

Transfer out: $100

Duplicate T4 RRIF: $15

Lump sum withdrawal (per withdrawal): $25

Inactive account fee: $25

Redeemable, registered.
No minimum investment.
Fully or partially cashable at any time. RRIF payments can be received weekly, biweekly, semi-monthly, monthly, quarterly, semi-annually or annually⁴.
Interest is calculated on the daily closing balance5 and is paid semi-annually on June 30 and December 31 to the investment.

	Variable Rate	1.50%

Transfer out: $100

Duplicate T4 RRIF: $15

Lump sum withdrawal (per withdrawal): $25

Inactive account fee: $25

The annual minimum payment amount is calculated as a percentage of the plan’s overall value on January 1 each year, based on your age. The formula is set by Canada Revenue Agency.
3-year convertible feature is available at time of purchase. If converted, value of initial deposit must be matched or increased and must be reinvested to, at the minimum, satisfy the remainder of the 3-year term.
Unless other instructions provided prior to maturity
Payments can be made biweekly, monthly, quarterly, semi-annually or annually. Payments must be made to a Conexus deposit account.
Interest on the variable RRIF is based on a floating rate.