Target Clientele

Investors who are concerned about preserving their capital and that are looking for protection against market downturns. The Guarantee 100/100 r can also be combined with an investment loan program.

Guarantee at maturity

Each Deposit (5) has a 10-year maturity, which follows the Deposit Date on which it is made.

(5)	All Deposits paid during a same Contract year are grouped and have the same Deposit date, which corresponds to the first day of the Contract year.

At that time, the amount of the guarantee will be the greater of:
 

• Market Value of the Deposit 
• 100% of the Deposit (6) maturing on that date
   

(6)	The amounts guaranteed are reduced proportionately for withdrawals.  Please refer to the definition of Deposit in the Contract and Information Folder for details.

The Deposit is renewed automatically for 10 years, unless the client wishes to cash in the guaranteed amount. At Maturity, the guaranteed value is compared to the Market Value.  If the latter is higher, it becomes the new guaranteed value for the next 10-year period. 

Guarantee at death

1) For Deposits made before age 80

The Death Benefit is reset every 10 years, based on each Deposit Maturity Date. At that time, the amount of the guarantee will be the greater of:
 

• Market Value of the Deposit 
• 100% of the Deposit
   

All amounts attributed to a GIF are invested at the risk of the Owner and the value may increase or decrease. This simulation is neither an indication nor a guarantee of future results.

2) For Deposits made between age 80 and 95

The Death Benefit amount will be equal to:
 

• 80% of the value of each Deposit made during the first 5 years following the Deposit date
• 90% of the value of each Deposit made during the 6th and 7th year following the Deposit date
• 95% of the value of each Deposit made during the 8th and 9th year following the Deposit date and
• 100% of the value of each Deposit made during the 10th year following the Deposit date
   

Deposits are accepted until age 95.

Main advantages
 

• Guaranteed 100% at maturity: This protection helps reassure anxious clients. It can also be combined with an investment loan by reducing the risk of having the loan balance exceed the value of the fund after a 10-year period.
• Reimbursement of fees: A first in Canada!
  For each 10-year period based on each Deposit Maturity Date, if the Market Value exceeds the guaranteed value, 30% of the fees paid by the client for the maturity guarantee will be reimbursed to him/her by adding units to his/her contract.
   

Example:
Deposit	$100,000
Annual return of the Fund	5.00%
Current additional fees for Guarantee100/100 r	0.50%
Total additional fees paid for Guarantee 100/100 r	$6,458
Fees associated with maturity benefit	$3,229
Reimbursement of fees	$969

Withdrawal Benefits

Your client may choose between two Optional Guarantees:

Guaranteed Minimum Withdrawal Benefit (GMWB)
The GMWB/Guarantee 100/100 r combination is advantageous for retirees who want to ensure they are 100% protected at all times and at the same time benefit from a maximum retirement income.

Guaranteed Lifetime Withdrawal Benefit (GLWB)
The GLWB/Guarantee 100/100 r combination is advantageous for retirees who want to ensure they are 100% protected at all times and at the same time benefit from a guaranteed income for life.