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Market-Linked GICs

What is a Market-Linked GIC?

A Market-Linked GIC (MLGIC) offers a guaranteed minimum return and your principal with the potential for a greater return than a typical GIC. Your investment grows depending on the market performance of a basket of underlying companies during the investment term.

Kindred offers three different options to choose from, each offering three- and five-year terms. Eligible deposits in registered accounts have unlimited coverage through Financial Services Regulatory Authority of Ontario (FSRA). Eligible deposits not in registered accounts are insured up to $250,000 through FSRA.

Benefits of a Market-Linked GIC


Capital 100% guaranteed and interest is paid at maturity



Eligible for RRSP, TFSA, and non‑registered plans



No management fees


Hedged against foreign currency fluctuations


Guaranteed Return
An annual minimum rate of return is guaranteed on both the 3- and 5-year term lengths for each option, paid annually (non-registered only) or at maturity.

Potential Maximum Return
Depending on market performance over the investment period, the 3- and 5-year term lengths offer maximum returns.

100% participation rate
Receive the full gains of the market-linked GIC over the term up to a maximum rate.


The PurposeFirst MLGIC is a socially responsible investment option that allows you to take advantage of the return potential of environmentally conscious companies, while protecting your capital.

This option is suitable for investors looking exclusively for exposure to Canadian stocks by offering the return potential of large Canadian corporations across various industry sectors.

An investment option that diversifies exposure globally to offer the return potential of large companies from different regions of the world across various industry sectors.

Contact us for more details on each investment option.

Frequently Asked Questions

Looking for more details? Review the Market-Linked GICs Frequently Asked Questions page.


Ready to get started?  

Meet with a member of our Wealth and Investment team to discuss how Market-Linked GICs might suit your portfolio.