GMIA Illustrator
 
Gross Deposit Alternative Interest Rate   
 
Guaranteed Market Indexed Account Projection Period
 
Current GMIA Interest Crediting Rate Factors: Minimum Rate of Return 0.00 %
Index Cap Rate No Maximum
Hurdle Rate 3.00 %
Index Participation Rate 50.00 %
Illustrated Index Participation Rate




Growth of $10,000 for 10 years
End of Year Illustrated GMIA1 Market Indexed Account2 Alternative3
2008 0.00 % $10,000 -33.52 % $6,648 3.00 % $10,300
2009 12.47 % $11,247 28.20 % $8,523 3.00 % $10,609
2010 3.94 % $11,690 11.12 % $9,470 3.00 % $10,927
2011 0.00 % $11,690 -10.34 % $8,491 3.00 % $11,255
2012 0.90 % $11,795 6.30 % $9,026 3.00 % $11,593
2013 3.42 % $12,199 11.58 % $10,071 3.00 % $11,941
2014 3.04 % $12,569 10.22 % $11,101 3.00 % $12,299
2015 0.00 % $12,569 -10.36 % $9,951 3.00 % $12,668
2016 7.36 % $13,495 20.50 % $11,992 3.00 % $13,048
2017 1.81 % $13,739 7.37 % $12,875 3.00 % $13,439
Annualized
Average
Rate Of Return
3.23 %   2.56 %   3.00 %  

1 GMIA Values are based on the GMIA Credited Rate of Return, converted to Canadian dollars (if applicable), using the historical performance of the underlying Reference Market Index by calendar year assuming the fund was available for that period. The historical performance of securities in the Reference Market Index does not indicate the future performance of those securities.

You do not purchase units in any index or a legal interest in any security.

2 Market Indexed Account Values are based on the historical performance of the underlying Total Return Index, adjusted for currency fluctuation (if applicable), less 1.75% by calendar year. The historical performance of securities in the Total Return Index does not indicate the future performance of those securities.

3 Alternative Interest Rate is merely for comparison purposes and is not reflective of any particular investment account or securities.

3 Historical 5 Year GIA rates are based on the historical performance of the underlying 5 year Government of Canada Bond and the current Low Fees GIA crediting rate formula which is equal to 90% of the average yield on 5-year Government of Canada Bonds less 1.25% subject to a minimum of 1.50%.

3 Historical 10 Year GIA rates are based on the historical performance of the underlying 10 year Government of Canada Bond and the current Low Fees GIA crediting rate formula which is equal to 90% of the average yield on 10-year Government of Canada Bonds less 1.25% subject to a minimum of 2.30%.

The accumulation does not reflect any insurance charges (such as cost of insurance, premium tax or other deductions), which will impact the actual accumulation of any funds in a GMIA when included in a universal life policy.

 

Past performance is no guarantee of future performance. A GMIA credits interest to the Fund Value of a universal life insurance policy on specified Interest Crediting Dates according to the terms and conditions for each Series being offered. Refer to the Fact Sheets found under each GMIA Series for more details.

Information contained in this document is for illustrative purposes only and is subject to change without notice. The contents of this profile are provided for informational and educational purposes and are not intended to provide investment, tax or legal advice. While every effort has been made to provide accurate and complete information, BMO Life Assurance Company and Fundata Canada will not be held liable for any inaccuracies, errors or omissions in the information provided.

* These are legal trademarks and do not indicate that BMO Life Assurance Company’s Universal Life plans or InvestmentPRO is sponsored, endorsed sold or promoted by the trademark owners.

The information contained on this page is related only to the designated fund or funds shown above. As part of a BMO Life Assurance Company policy, you do not purchase units in this designated fund or a legal interest in any security. Past performance is no guarantee of future performance. While every effort has been made to provide accurate and complete information, BMO Life Assurance Company and Fundata Canada will not be held liable for any inaccuracies, errors or omissions in the information provided.