Index Linked Valuations

 

Index-linked products offer returns based on stock market index performance; equity-linked products offer returns based on the performance of individual stocks within an equity basket. These products are a good option for investors because, unlike mutual funds, there is no chance of a loss to the original investment.

Horizon Credit Union offers our members three index/equity linked products to meet your investment goals:

PRAIRIES BASKET™ Equity-Linked Term Deposit, which allows investors to profit from the success of companies in Alberta, Saskatchewan and Manitoba. The return is calculated using an average of monthly index returns. The basket contains 13 companies that are household names on the Prairies. The companies picked encompass a wide variety of industries.

  • Principal guaranteed*
  • Return potential up to 50%
  • Low minimum investment
  • Non Registered and Registered RRSP/TFSA eligible
  • No fees
  • 5 year Non-Redeemable Term

MARKETFLEX® Index-Linked Term Deposit, where the return on investment is linked to the Canadian Stock Market. Returns are based on the performance of the S&P/TSX 60®.

    • Principal guaranteed *
    • Return potential up to 50%
    • Low minimum investment
    • Non Registered and Registered RRSP/TFSA eligible
    • No fees
    • 5 year Non-Redeemable Term

NORTH AMERICAN BASKET™ Equity-Linked Term Deposit, which allows investors to profit from the success of 12 North American companies.

    • Principal guaranteed *
    • Return potential up to 50%
    • Low minimum investment
    • Non Registered and Registered RRSP/TFSA/RRIF eligible
    • No fees
    • 5 year Non-Redeemable Term

*Credit Union Deposit Guarantee Corporation guarantees to all depositors, repayment in full of all deposits in Saskatchewan credit unions. Your initial deposit, or principal, in an index-linked term deposit is fully guaranteed. The return these deposits realize is linked to the performance of a stock exchange. Therefore the return cannot be guaranteed. However, repayment of the principal is fully guaranteed. Return is only fully guaranteed once the credit union is holding it.

Web sites: These sites contain daily return information, current company composition and overview of the process for re-weighting.

– SaskCentral Monthly Valuation Sheets: click here to access

“Standard & Poor’s®” and S&P® are trademarks of the McGraw-Hill Companies, Inc. and have been licensed for use by Credit Union Central of Saskatchewan.

Prairies Basket™ is a trademark owned by Credit Union Central of Saskatchewan and is used under permission.

MarketFlex® is a registered trademark owned by Canadian Credit Union Association and is used under license.

North American Basket™ is a trademark owned by Credit Union Central of Saskatchewan and is used under permission.

Agriculture Services

We offer farmers and ranchers special accounts with convenient delivery to meet the day to day financial operations requirements. Our technology allows farmers and ranchers easy access to their accounts from wherever they are through our many online access applications. We help with education and planning to meet your long term goals. If it is investing, borrowing money for your operation, succession or other financial planning issues, Horizon Credit Union is here to lend a helping hand.

To assist in meeting your agricultural needs, Horizon Credit Union provides the following services:

Farm & Business Accounts

Click here to view our account options.

 

Card Convenience

Horizon Credit Union offers a full line of card convenience for Ag Business. Our MemberCard debits your account direct so no worry about a monthly bill. You can also choose from a family of MasterCard Credit Cards that best suit your business.

Investments

Today’s world offers many types of investment. Each type of investment provides different opportunity to grow, earn income, and has different tax consequences. Horizon Credit Union offers many types of investments for both registered and non-registered investments to meet individual and agriculture business owner financial goals.

AgriInvest Accounts

An AgriInvest Account helps producers manage small income declines. Each year, producers can make a deposit into an AgriInvest account and receive a matching contribution from federal and provincial governments. Producers have the flexibility to withdraw the funds at any time to cover small margin declines or for risk mitigation and other investments.

AgriInvest is part of the Growing Forward suite of federal-provincial-territorial Business Risk Management programs. Growing Forward is a commitment to Canada’s agriculture sector that’s focused on achieving results, reflects input from across the sector, and delivers programs that are simple, more effective and tailored to local needs.

To learn more about AgriInvest, visit the program website at www.agr.gc.ca/agriinvest, call AAFC toll free at 1-866-367-8506, or inquire at any Horizon Credit Union Branch at Melville, Grayson, Grenfell, Neudorf or Wolseley.
Email: info@horizoncu.ca

Loans and Leasing

Everyone has different needs and financial strategies for their farm or ranch. Each farm or ranch operation requires a different financial structure. That is why Horizon Credit Union has many different loan or lease options available to you. Our professional lending staff work with you on an individual basis, providing practical information and tools to design loans especially to meet the needs for your operation. For operating funds or if you are expanding your farm or ranch, Horizon Credit Union offers a variety of loan and lease options, farm mortgages and loans under the The Farm Improvement and Marketing Co-operatives Loans Act (FIMCLA).

FIMCLA increases the availability of credit to farming operations and farmer-owned marketing co-operatives to improve farm assets and strengthen production and financial stability. It encourages the provision of intermediate term debt to farmers for the improvement and development of their farming business in order to maintain an efficient agriculture production capability. Individuals, partnerships, corporations or co-operative associations actively engaged in farming and operating the farm as a business with the intent to making a profit are eligible to apply.

Wealth Management Services

Visit Wealth Management Services

The team of professionals in our Wealth Management department help you achieve financial goals at every stage of your financial life cycle. This starts with building assets, protecting what you have built, planning for retirement and even transferring assets to beneficiaries through effective estate planning.

With the convenience of electronic access to your accounts or our personal service branch locations at Melville, Grayson, Grenfell, Neudorf and Wolseley, having Horizon Credit Union as your financial institution makes good sense.

Wealth Management Indexed Linked Valuations