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iA Increased GIF rates - 1 Year 100K at 4.65% and HISA/DIF Rate 4.45%
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Increased GIF Rates

1 Year @ 100K 4.65%

 

 

 

 

Hello Everyone,

 

Please find in this email an update from iA, a heatmap on market indices and how they have impacted iA Funds as well as a summary of fund performance as of January 31, 2024.

 

Increased GIF Rates

We have recently increased our GIF rates considerably, the current rate for a 1 year at 100K is 4.65%, a full list of GIF and HISA rates can be found at this link - IA GIF & HISA/DIF Rates

 

iA also offers a 60 day rate guarantee to provide clients more time to decide, the form F50-238A must be completed and sent to iav-transactions@ia.ca in order to put the rate hold on.

 

A quick reminder that GIFs/GICs with an insurance company have considerable benefits over other institutions such as:

·     Beneficiary designation for estate planning purposes

·     Potential creditor protection

·     No estate settlement fees

·     Marketing Material Here

 

Weekly Economic Updates from iAGAM

 

Segregated Funds

1. iA Fund Performance Page (I would suggest sorting by Series 75/75 or 75/100 to make it more manageable)

2. Dollar Cost Averaging now available from the HISA/DIF, increased frequency also now available (monthly, bi-weekly, and weekly) - Details can be found here (Note: DCA from the HISA does not generate an upfront commission like the money market version, it pays out as the switches are made, similar to a PAC)

 

Thank you for all of the continued support,

Michael