Isn't it time to get back to basics
Our Performance Products are back this year and they have the potenial to offer a higher yield. They are offered in a 3 and 5 year term. The maximum return for the 3 year term is 20%, the maximum rate of return over the 5 year term is 50%.
The return of the "Performance Basics" product is based on the share price of ten companies selected for thier core operation focus on the production and delivery of basic materials. The objective in the design of the Performance Basics is to provide a hedge agains inflation. The companies in the basket are all well know blue chip coroporatons listed on the Toronto Stock Exchange. These companies focus on the exporation, mining and delivery of basic commodoties such as gold, oil, gas, steel, uranium and potash.
The Performance Basics have an averaging feature that applies against the final closing price. The final closing price will be determined based on the closing of the basket on the last day of the last three months of the term. This feature protectys you from the impact of a sharp decline in the market in the period just prior to the maturity date.
The best part is that your principal is 100% guaranteed! Unlike many other TSE linked products you are guaranteed your initial deposit, the only variable is the interest rate you will recieve.
You can regularly check the progress of your Performance Product using the following link www.albertacreditunions.com.
