Window Guaranteed Investment Contract

A Window Guaranteed Investment Contract (Window Gic) is a type of investment contract that allows investors to make contributions and withdrawals at specific times during the year. This can be helpful for investors who want to save for a specific goal, such as a down payment on a house or retirement.

Window Gics are offered by insurance companies and are typically invested in a portfolio of bonds. The interest rate on the contract is guaranteed for a certain period of time, known as the "window." After the window expires, the interest rate may change.

Window Gics can be a good option for investors who are looking for a safe and secure investment. However, it is important to note that these contracts typically have high fees, so it is important to compare different products before making a decision.

Here are some of the key features of Window Gics:

• They are offered by insurance companies.
• They are invested in a portfolio of bonds.
• The interest rate is guaranteed for a certain period of time.
• They can be a good option for investors who are looking for a safe and secure investment.
• They typically have high fees.

If you are considering investing in a Window Gic, it is important to do your research and compare different products before making a decision. You should also understand the risks involved before investing.