How does the guaranteed minimum return work?

The guaranteed minimum return is a fixed return, known in advance, that you will receive when your investment matures.

The FlexiFonds secure investment option combines two types of returns:

  • A guaranteed minimum return
  • An additional return linked to the performance of Fonds shares

The guaranteed minimum return is a fixed rate established when the note is issued.

This return is not linked to the performance of the Fonds de solidarité FTQ—you receive it regardless of market fluctuations.

Example:

You invest $10,000 in the 5-year secure investment, with a guaranteed minimum return of approximately 3.25% per year (17.80% in total over the term of the investment). At maturity, you will receive:

  • Your principal: $10,000
  • The guaranteed return for the term of the investment (17.80%): $1,780
  • The additional return based on the performance of Fonds shares, if applicable
Legal Notes

Principal protected notes with enhanced return linked to the performance of the Fonds de solidarité FTQ shares are issued by the Fonds de solidarité FTQ and distributed solely in Québec by FlexiFonds de solidarité FTQ inc., a mutual fund dealer wholly owned by the Fonds de solidarité FTQ. National Bank Trust Inc. acts as the administrator and registrar of these notes. Please read the prospectus and pricing supplements before investing. These notes are not covered by the Canada Deposit Insurance Corporation nor any other government deposit insurer. The return component linked to the performance of the Fonds de solidarité FTQ shares fluctuates from one issuance to another, and past performance may not be repeated. This investment may not be suitable for all investors. We recommend that you contact your registered FlexiFonds mutual fund representative.

The rate offered on principal protected notes with enhanced return linked to the performance of the Fonds de solidarité FTQ shares may vary from one issuance to another.