Class C Investment Shares Dividend rates

Vancity’s Class C Investment Shares are non-voting, equity shares.1 Dividends are declared quarterly and paid annually.2

As an equity investment, the Class C Investment Shares are not deposits: returns are not guaranteed, and the funds are not eligible for deposit insurance.

These shares are not currently for sale.

Rates apply to non-registered, RRSP and RRIF Class C Investment Shares

Vancity Class C Investment Shares
(Rates effective 2017-10-01)
2017 Dividend Rate3
1st Quarter 2.02%
2nd Quarter 2.01%
3rd Quarter 2.32%
4th Quarter 2.71%

1 Vancity Class C Investment Shares are subject to the rights and restrictions as set out in the Vancity Rules.
2 Pursuant to the Income Tax Act (Canada) dividends paid by Vancity on Class C Investment Shares are deemed to be paid as interest. Dividends are declared at the discretion of Vancity’s Board of Directors.
3 The current policy states that the dividend rate is set at the greater of 1.60% or 1% above the Government of Canada 3-5 year Bond rate. The dividend payment is calculated on the closing daily balance.