What is a GMIA? A GMIA (Guaranteed Market Indexed Account) is a unique class of investment option offered on all new Life Dimensions universal life insurance policies (issued under or after version 2010/11/18).  It provides the same benefits of an indexed account - with all of the security of a GIC-style account! 

• When markets are down, returns on the GMIA are guaranteed never to be negative. 
• When markets are up, your clients benefit from the upside potential of the index. 

Source: www.bmoinvestpro.ca 

With the GMIA, your clients can stay positive when markets are negative! 

*Indicates the interest rate credited to a Canadian Equity GMIA Series with the specified Interest Crediting Dates. 

For policies issued on or after July 3, 2012, the GMIA minimum deposit requirement for each Series is $10,000 for Level COI plans and $5,000 for YRT plans.  For pre-Wave 24 policies (i.e. those policies issued under version 2010/11/18 up to July 2, 2012), the GMIA minimum deposit is $5,000 for each Series for both Level COI and YRT COI plans. 

GMIA Values are based on the GMIA Credited Rate of Return, converted to Canadian dollars (if applicable), using the performance of the underlying Reference Market Index over a rolling 12 month 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. 

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. 

MB 333 (2014/09/17)