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winwin EarthLink™ GIC

A market-linked term deposit that aligns your investment growth and your values.

 
 

Is this investment account right for you?

Right for you if:

  • You prefer an investment with the principal guaranteed
  • You do not need to access your money for the entire duration of the term
  • You want a guaranteed minimum return and the potential to earn more

Might not be right for you if:

  • You want to limit your investment's exposure to stock market movements
  • You may need to access your funds prior to maturity


Rate of Return*
Promotion Period: May 21, 2024 - July 22, 2024​
List of rates for winwin EarthLink™ market-linked GIC (registered/non-registered)
winwin EarthLink™ market-linked GIC (registered/non-registered)

Rates Effective: 2024-05-21

Rate
Minimum guaranteed annual rate (3 year)
3.00
Maximum potential cumulative return (3 year)
25.00
Minimum guaranteed annual rate (5 year)
3.00
Maximum potential cumulative return (5 year)
40.00


winwin EarthLink™ Account Details
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winwin EarthLink™ is a market-linked GIC that offers a guaranteed minimum return and the potential to earn more based on the stock market performance of 20 international companies, carefully selected for their demonstrated commitment to reducing the environmental impact of their operations.

  • Term: 3 or 5 years
  • Minimum deposit: $500
  • Non-redeemable
  • Available for: Non-Registered, RRSP, TFSA
  • No commission or management fees while taking advantage of market potential
  • Protection against the foreign exchange fluctuation of underlying securities

 

winwin EarthLink industry sectors
 

How to open your term deposit/GIC

Call us at 1-888-597-6083, visit a branch, or fill out the form below and one of our member advisors will get in touch with you. And if you don't bank with us yet, become a member today.

 

 
 


Frequently Asked Questions
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Market-linked GICs are a sort of hybrid investment vehicle: part GIC, part stock market investment. They protect the investor’s principal investment and offer a minimum guaranteed return with the potential for significantly greater returns (up to a maximum) based on the performance of the market. Think of it as having a stable floor, and potentially a high ceiling. Market-linked GICs usually have a theme to them, such as focusing on an industry, exclusively national, international, emerging-market stocks, or more recently, responsible investing.

Unlike a traditional GIC, a market-linked GIC is tied to a particular stock market index - like financial, healthcare or insurance services - which gives the investor an opportunity to benefit from market gains to a limited maximum.


The basket of securities comprises 20 international companies which have the same weight in the basket. Representing a variety of economic sectors that have been carefully selected for their commitment to the environment and the initiatives they implemented to reduce the environmental impact of their operations.

 

Company

Sector

Stock Market

Alstom SA Industrials Paris
Bank of Nova Scotia/The Financials Toronto
Denso Corp Consumer Discretionary Tokyo
First Solar Inc. Energy NASDAQ GS
Gecina SA Real Estate Paris
Hydro One Ltd Utilities Toronto
KDDI Corp Communications Tokyo
Magna International Inc Consumer Discretionary Toronto
Microsoft Corp Technology NASDAQ GS
Mowi ASA Consumer Staples Oslo
PANASONIC HOLDINGS CORP Technology Tokyo SE
Novartis AG Health Care SIX Swiss Exchange
Novo Nordisk A/S Health Care Copenhagen
Orsted AS Utilities Copenhagen
SAP SE Technology XETRA Frankfurt
SolarEdge Technologies Inc Energy NASDAQ
Texas Instruments Inc Technology NASDAQ GS
Vestas Wind Systems A/S Energy Copenhagen
Vonovia SE Real Estate XETRA
Wheaton Precious Metals Corp Materials Toronto

 

Companies are selected based on the below 4-step screening process

  1. Financial health analysis - financial soundness, risk profitability and growth outlook
  2. Exclusion screening - companies operating in tobacco, nuclear and arms industries are excluded
  3. Environmental Assessment - performance against environmental, social and governance (ESG) and sustainable development leadership
  4. Inclusion in the security basket - best performance prospects taking into account geographic and sector diversification.

 


​Although past performance is not always indicative of future returns, similar products as the winwin EarthLink™ have recurrently performed close to its maximum potential return rate. Some factors contributing to this performance could be the diversity in companies, sector and stock markets within this product.

Please speak with an advisor to review the underlying securities of this product and full terms and conditions of the winwin® term deposit.

3 Year EarthLink 

Maximum potential cumulative return 

Actual return received by member 
April 6, 2021 - April 8, 2024 7.00% 7.00%
Feb 3, 2021 - Feb 5, 2024 7.00% 7.00%
Dec 2, 2020 - Dec 4, 2023 12.00% 5.59%
Oct 2, 2020 - Oct 2, 2023 12.00% 12.00%

You could experience a higher than usual interest rate payment on the maturity date of a winwin® term depending on the final index performance. In the final year, the interest rate paid would be the difference between the final rate of return minus the minimum annual rate already paid. Please seek independent tax advice as required for your unique financial situation.

Not sure which investment is right for you?

We can help. Visit a branch or call us at 1-888-597-6083, and let's find the right solution together.


Learn more about GICs (term deposits)

 

From November 1, 2021, to November 21, 2021, the members of First West Credit Union voted on special resolutions that, among other things, authorize First West to apply to become a federal credit union under the Bank Act. If First West becomes a federal credit union, it will automatically become a member of the Canada Deposit Insurance Corporation (CDIC) and Credit Union Deposit Insurance Corporation of British Columbia deposit insurance will no longer apply. See attached Notice for further detail on what this change means to your deposits with First West.
 

® Registered trademark of First West Credit Union

Terms and conditions:

  1. Historical returns provided are for informational purposes only, past performance is not indicative of future returns.
  2. This deposit may neither be negotiated nor transferred. No amount in principal shall be redeemed or payable before the date of maturity.
  3. This deposit and minimum interest accrued on the deposit is 100% guaranteed.
  4. The interest paid at maturity is subject to a maximum. If the yield of the Securities is higher than the maximum cumulative return at maturity, then the interest paid will match this maximum.
  5. This deposit may not be hypothecated or given as security.
  6. Given the features of this kind of investment, you should check with your advisor to make sure that such an investment meets your investment objectives as the investment is not suitable for everyone.
  7. The above statements and information are for informational purposes only. The information contained above is not complete and is qualified in its entirety by the full terms and conditions of the winwin® term deposit. Please speak with an advisor to review the full terms and conditions of the winwin® term deposit.

*Rates as of the start date communicated in the disclosed promotion period.
The minimum guaranteed annual interest rate is paid out annually and does not compound. This product has a ceiling that determines the maximum return that you may receive at maturity. Terms and conditions apply.
The return of a winwin® term deposit depends on the performance of the index return that it is linked to over a certain time period, the Minimum Guaranteed Return and the Maximum Potential Cumulative Return.

  • If the index return is between the Minimum Guaranteed Return and the Maximum Potential Cumulative Return, you will receive the principal plus the index return.
  • If the index return is below the Minimum Guaranteed Return, you will receive the principal plus the Minimum Guaranteed Return.
  • If the index return is above the Maximum Potential Cumulative Return, you will receive the principal plus the Maximum Potential Cumulative Return.
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PLANNING AND ADVICE THAT GROWS WITH YOU

Good advice starts with a conversation about your unique situation. We’ll work with you to understand your overall investment strategy and make recommendations on the right mix of investment solutions for your financial goals. 

Let’s talk about your financial wellbeing.