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VisualMod t1_jed8myg wrote

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>TL;DR: Yes, these types of investments are often not very good. However, the two that you mention from Desjardins seem to be decent options, especially if you have a long-term horizon for the investment.
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VisualMod t1_jed8ndw wrote

>These investment products do seem decent, but it is important to remember that they are not without risk. It is possible that the market could decline and you could lose money. However, if you are comfortable with the risks involved, these products may be worth considering.

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XPOY_Y t1_jedakwd wrote

Actually these are both seg funds with 100% maturity guarantee so even if the market decline as long as you keep it to maturity you will get back 100% of your principal. And that is why these don't generally do as well in terms of returns.

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SovietCuisine OP t1_jedb4v2 wrote

How is that the reason they don't do as well? If there is no cap on the potential return, how come is this not good? There's not free lunch and I'm looking for something hidden in the fine print...

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XPOY_Y t1_jedd24y wrote

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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