Ideal Term Funds

Standard Life’s Ideal Term Funds offer a secure, high-interest alternative to GICs and Canada Savings Bonds. They can both safeguard your capital and deliver predictable income. You can choose from a wide range of registered and non-registered options. Ideal Term Funds are flexible enough to meet your financial planning needs at every stage of life – whether you are saving for retirement or drawing a retirement income.

Ideal Term Funds for savings plans

• Daily Interest Fund
  Holding fund for short-term investments
• Redeemable Term Fund – 30 days to 10 year terms, including customized terms
  You can redeem¹ all or part of it any time
• Non-redeemable Term Fund – 1 to 10 year terms, including customized terms
  With all assets locked-in until maturity, it offers higher interest rates than the redeemable term fund
• Term Fund Plus – 5 to 10 year terms, including customized terms
  Fully redeemable, it offers our highest rates for amounts of $25,000 or more
• UpScale RRSP – 3, 5 and 10 year terms
  Fully redeemable, it offers interest rates that escalate each year

Ideal Term Funds for retirement income plans

• Daily Interest Fund
  Holding fund for short-term investments
• Redeemable Term Fund – 30 days to 30 year terms, including customized terms
  Redeemable¹ at any time
• Choose from 4 types of pre-scheduled income stream options
  
• Pre-scheduled income payments free of surrender charges
  
• Direct deposit to your bank account
  

You’ll also have the peace of mind that comes from the additional benefits of our Ideal Term Fund policy:

• Potential for creditor protection with preferred class beneficiary designation. Since there are some circumstances where creditor protection may not apply, it is recommended that you consult a legal advisor to find out if you are eligible for this kind of protection.
• Probate² bypass opportunities
  Ensure that your beneficiaries avoid the costs and delays of probate following your death by naming a beneficiary other than your estate.

¹ Surrenders may be subject to charges. Full details are contained in the policy provisions.

² Not applicable in Québec as notarial wills do not need to be probated by the court and, for holograph wills and wills made in the presence of witnesses, probate fees are minimal.