Whether you’re saving for an upcoming purchase or want to protect your money during times of market turbulence, the High Interest Savings fund offers you a safe place to invest for the short-term – with the added benefit of insurance protection.
Find the current yield for the fund on the segregated fund overview & performance website (Fundata).
The High Interest Savings fund is a segregated fund that offers a higher rate compared to traditional savings accounts. Because it’s a segregated fund, you also benefit from the features of a segregated fund policy.
This fund might be a good fit for you if you’re:
- Saving for the short-term
- Looking to earn a return greater than what typical chequing or savings accounts offer
- Seeking a flexible solution that lets you move money into a longer-term investment funds over time
- Your money is invested in high-interest bank deposit accounts, so you can be confident your money is held securely.
- Since it’s a segregated fund, you get the added benefit of insurance protection from features like maturity and death benefit guarantees and potential creditor protection.
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- Helps grow your money faster compared to traditional savings accounts.
- You get easy access to your money with no lock-in periods, maturity dates or withdrawal penalties.
- You can set up automatic transfers to move your money into other funds to benefit from greater long-term growth potential.
High Interest Savings fund features
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