INDEX / EQUITY LINKED INVESTMENTS AVAILABLE TO MEMBERS

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 are a good option for investors because, unlike mutual funds, there is no chance of a loss to the original investment.  Credit unions can offer members three index/equity linked products to meet their investment goals:

• NORTH AMERICAN BASKET™ Equity-Linked Term Deposit, which allows investors to profit from the success of 12 North American companies; and 
• MARKETFLEX® Index-Linked Term Deposit, where the return on investment is linked to the Canadian Stock Market; and
• PRAIRIES BASKET™ Equity-Linked Term Deposit, which allows investors to profit from the success of companies in Alberta, Saskatchewan and Manitoba.

Index-Linked investments are tied to the average monthly performance of a stock index, such as the S & P 500 Index.  The investment stays at Prairie Centre Credit Union, which means your principal is guaranteed.  So even if the index doesn't perform well before its maturity, you'll still get your principal back in full!  If the index does perform well, you'll receieve an interest payment at the investment's maturity date.  The products are offered as registered and non registered term deposits.  They are RRSP and TFSA eligible - however, some restrictions apply. 

Go to Monthly Valuation Statements to view the performance of Index Linked products that have not matured.