Security High Interest Savings | Quality Highest/High | Backed By Issuing Bank | Suitability Short term / Liquidity |
KEY BENEFITS
Earning Potential:
• Interest accrues daily and paid monthly
Added Security:
• Issuers eligible for CDIC insurance
Greater Convenience:
• No maturty date or lock in period
Access to savings at any time without penalty
CDIC
For up to date CDIC eligible coverage please visit the official CDIC website.
Eligible CDIC insurance coverage available up to $100,000 per issuer on Canadian dollar deposits.
http://www.cdic.ca
With the Renaissance High Interest Savings Account
0.75%
Current Interest Rate*
- Corporate Funds Eligible
- A well diversified portfolio includes a cash component that offers investors liquidity and convenience.
- Available for Registered and non-registered investments, this account is an ideal vehicle for your short-term cash requirements.
*interest rate quoted is annual for Class A units, effective October 7, 2015, and may change at anytime without prior notice.
Your dealer may have its own minimum requirement
The Renaissance High Interest Savings Account is offered by Canadian Imperial Bank of Commerce (CIBC) through its wholly owned subsidiary CIBC Asset Management inc.
The Renaissance High Interest Savings Account is eligible for CDIC insurance, subject to CDIC rules and regulations.
Renaissance Investments is offered by CIBC Asset Management Inc.
The Material and/or its contents may not be reproduced or disturbed without the express written consent of CIBC Asset Management Inc.