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Personal Banking > Investments > Accounts and Products > Guaranteed Investment Certificates (GICs) > RBC MarketSmart GICs > RBC Canadian Banking MarketSmart GIC

RBC Canadian Banking MarketSmart GIC

The Canadian Banking MarketSmart GIC delivers the best of both worlds — the security of a GIC and a guaranteed minimum return with a potential for a higher return tied to the performance of a Canadian Banking equity index. This is ideal if you need the growth potential of equity but want to preserve your principal.

Is this GIC right for you?

This GIC may be an appropriate choice if you:

  • Want a guaranteed minimum return, with the potential for a higher rate of return
  • Want peace of mind knowing you’ll get 100% of your principal back as well as a guaranteed minimum rate of return
  • Want the simplicity of principal protection and growth in one solution
  • Will not need regular income from this investment

View Return Scenarios

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Return Scenarios

  • Scenario 1: Market is Up

    Scenario 1: Market is Up
    If the underlying index moves from 100 to 120 over the 5 year term of the GIC, this would indicate an increase of 20% in the index. In this scenario the increase is above the minimum and below the maximum. You would receive 100% of your principal plus a 20% return on your investment.

  • Scenario 2: Market is down

    Scenario 2: Market is down
    If the underlying index moves from 100 to 80 over the 5 year term of the GIC, you would, in this scenario, receive 100% of your principal plus the 5% guaranteed minimum return set out at the time of purchase.

  • Scenario 3: Market is Way Up

    Scenario 3: Market is Way Up
    If the underlying index moves from 100 to 135 over the 5 year term of the GIC, this would indicate an increase of 35% in the index. In this scenario, since the increase is above the maximum, you would receive 100% of your principal plus the 25% maximum return set out at the time of purchase.

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You are on: Features & Benefits

Key Features:

Minimum Investment $1,000
Terms 2, 3 and 5 years
Return Variable return is linked to the performance of the S&P/TSX Banks Index
Interest Payment Options Return paid at maturity
Access to Funds No
Plan Eligibility Non-Registered, RRSPs, TFSAs, RDSPs and RESPs and RRIF
CDIC (opens new window) Eligible Yes

Benefits:

Higher Return Potential You’ll participate in the returns of an important sub-sector of the Canadian stock market while your principal is 100% protected
Peace of Mind Your original investment is 100% guaranteed at maturity
Simplicity You’ll have principal protection and growth potential in one solution
Guaranteed Minimum Return You’ll receive at least the minimum rate of return with the potential to receive significant additional upside to a maximum rate of return

For more information such as how the return is calculated or to invest in an RBC Canadian Banking MarketSmart GIC, refer to the fact sheet & special conditions (opens PDF in new window), visit your nearest RBC Royal Bank branch or call 1-800-463-3863 to talk to an investment specialist.

The RBC Canadian Banking MarketSmart GIC is not sponsored, endorsed, sold or promoted by Standard & Poor's or The Toronto Stock Exchange and neither party makes any representation regarding the advisability of investing in RBC Canadian Banking MarketSmart GIC.

Telephone purchasers who have not received a written copy of the RBC Canadian Banking MarketSmart GIC Special Conditions and fact sheet prior to purchase will have the opportunity to cancel this investment purchase within two days of the day the written information on the investment is provided by calling 1-800-463-3863 or visiting your branch.

Past performance of this product is not indicative of future returns. Your return will depend on whether and how much the S&P/TSX Banks Index level increases up to the stated maximum return over your investment's term. This GIC does not provide you regular interest. For full product details, including how variable return is calculated, refer to the fact sheet and special conditions (opens PDF in new window), visit your RBC branch or call 1-800-463-3863

You are on: Interest Rates

Interest Rates

Rates for 21 January 2018

RBC Canadian Banking MarketSmart GIC

Term to Maturity Return
Minimum Return Maximum Return
[%] [%]
2 years 0.50 5.25
3 years 1.50 15.00
5 years 2.75 25.00

NOTES
The Minimum Return and Maximum Return are discretionary, set by the Bank at the time of GIC purchase and are expressed as an interest rate per term. Interest rates are subject to change without notice at any time. For more information on these GICs, please refer to the fact sheet & special conditions (opens PDF in new window). For further information or to purchase these GICs, call 1-800-463-3863 or visit an RBC Royal Bank branch. Use our Branch Locator (opens new window) to find the branch nearest you. One of our investment specialists will be happy to talk or meet with you.