Selecting investments

Term deposits

Term deposits guarantee a rate of return over fixed terms that range from one to five years. Generally, the longer the term, the higher the rate. Term deposits are ideal when you need funds in the near future.

Mutual funds

Mutual funds offer the potential for higher rates of return than savings accounts or term deposits. But they’re also riskier in the short term. So, mutual funds are best for long-term investing.

There are literally thousands of mutual funds to choose from. They all invest in different types of securities: T-bills, bonds, stocks or any combination of these investments.

The key to harnessing the power of saving is to start early and make regular contributions. Contact us today. Our Credential Asset Management Inc. Mutual Funds Investment Specialists or our Credential Securities Inc. Investment Advisors will help you decide which investment option is right for you.


Related links