Savvy Term Deposit

Savvy Term Deposit

Take advantage of potential gains in the stock market with no downside risk to the principal.

How the account works

Fusion’s Savvy Term Deposit allows investors to take advantage of potential gains in the stock market with no downside risk to their principal. It combines the principal protection of a term deposit with the potential for growth that you would get in a mutual fund.

Fusion’s Savvy Term Deposit is also known as an Index-Linked Term Deposit. It’s a term deposit where the return does not come in the form of regular interest, but rather from the performance of an index.

This type of investment is great for conservative investors who want to minimize risk and protect their principal while enjoying the potential for high-performance returns. It’s also ideal for individuals who want to diversify their investment portfolio and gain low-risk exposure to the stock market.



Minimum deposit: $1,000. Term / Duration: 3 or 5 year term deposits offered every two months. Return based on performance of the S&P/TSX 60 Index & paid at maturity. Non-redeemable prior to maturity. In the event of death early redemption available with 0% return on investment.

Benefits for Fusion Members

  • The Savvy Term Deposit is ideal for members who want to invest in the stock market, but do not want to risk their principal.
  • Members can take advantage of stock market gains without commissions or management fees.
  • These investments are RRSP and TFSA eligible.
  • Returns on deposits are based on the performance of the S&P/TSX 60 Index rather than the performance of an individual portfolio manager.
  • Low Minimum Investment: Invest as little as $1,000.
  • As with all Fusion deposits in Manitoba, Savvy Term Deposits are 100% insured.

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