Rate Increase: CAD Corporate Investment Savings Account as of December 6th 2018

CORPORATE / NON-PERSONAL CLIENTS
Series Currency Investment Amount Old Interest Rate* New Interest Rate* Issuer: FundServ
CORPORATE Series A
(Tiered)
CAD $0 - $99,999

$100,000 - $7,499,999

$7,500,000 - Unlimited
1.40%

1.55%


1.50%
1.55%

1.70%


1.65%
BNS: DYN6002
ADSB: DYN5002
CORPORATE Series F
(Tiered)
CAD $0 - $7,499,999

$7,500,000 - Unlimited
1.65%

1.55%
1.80%

1.70%
BNS: DYN6006
ADSB: DYN5006

 

New Increased Rates on our Canadian dollar suite of Corporate ISA funds. Enjoy a higher base rate on our Corporate Canadian funds, effective as of DECEMBER 6, 2018 Scotiabank ADS has increased our base rate on our ISA Canadian funds by 0.15%.

 

Rate increase applies to all issuers of ISA’s sold through ADS as indicated above.
Funds codes for issuers not named in the table above can be located at: https://ads.scotiabank.com/Rates

For more details, please speak with own of our ISA Specialists today at: 1-866-884-3434.

 

Deposits are eligible to be insured under the CDIC Act only if they are in Canadian currency, have a term of 5 years or less and are payable in Canada.

11Interest rates are quoted per annum as of December 6th 2018 and subject to change without notice. Interest is calculated daily on the opening balance of the account, excluding the date of purchase and is paid monthly on the last Friday of each month, or if the last Friday of any month is a holiday, on the immediately preceding business day. Daily interest will be calculated by multiplying the applicable annual interest rate by the daily opening balance, and dividing that amount by 365 or 366 in a leap year. Other Terms & Conditions apply. Visit http://ads.scotiabank.com for full details.

**Deposits from Financial Institutions or like entities which intend to hold Scotia and subsidiary ISAs on their own behalf (i.e. banks, mutual funds, credit unions, etc.) are prohibited.

**®Registered trademark of the Bank of Nova Scotia