GIC transactions

The release of the Akila 2.0 platform has enabled PEAK Securities Inc. to significantly enhance the GIC purchase experience. Purchases placed with the enhanced process will reflect in clients’ accounts on the same day.

You will receive on a daily basis an e-mail from Reorganization.fcc@fmr.com . This e-mail contains a link to the daily CANNEX GIC rates.

The first step is to complete the GIC order form as shown in the second page of this handout. Below is a detailed explanation on how to complete the form.

Purchase Amount: The purchase amount must be rounded to the nearest dollar. Amounts with cents will not be accepted.

Issuer: Select the GIC issuer from the scroll down list when completing the form on-line. Note that only GIC’s from those issuers will be eligible for this process.

Length of Term: Indicate the term length of the GIC in years.

Maturity date: Indicate the maturity date of the GIC.

Example: For a 4 year GIC purchased on April 5th, 2012 the maturity date will be April 5th, 2016.

Interest Rate: Indicate the interest rate of the selected GIC as per the daily CANNEX rates table.

Compound interest/Interest frequency payment: Check appropriate box.

Redeemable/Cashable: Indicate if the GIC is redeemable or not.

Once completed, send the order form by e-mail to securities@peakgroup.com. Orders received prior to 1:30 P.M. (Eastern Time) will be process on the same day. Orders received after the 1:30 P.M., will be process on the following business day with the interest rate of that day.