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XPOY_Y t1_jedd24y wrote

Reply to comment by SovietCuisine in MLGI from Desjardins - some glimmer of hope? by SovietCuisine

I apologize these aren't seg funds but market linked GICs. I used to sell these a lot way back when I worked at TD. TD had something but no guarantee return just guarantee principal. I still feel bad about them cause I sold a lot of 3 yr ones back in 2005-2006. The down side to these is that it's not compounded but they are great products for those more risk adverse but want to get in on the market action.

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SovietCuisine OP t1_jeek054 wrote

In your experience, what was the usual return?

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XPOY_Y t1_jegm1kd wrote

There isn't a typical return because it's linked to the market so it will depend on what it's linked to.

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