RRSP Daily Interest Account Interest is earned and compounded in this account daily. The value of the Daily Interest Account is guaranteed by the Company and is defined as money contributed plus interest earned less any amounts withdrawn. (Interest rates are subject to change at any time). Higher interest rates are rewarded to accounts with balances exceeding $1,000. Rates are competitive with money market funds. No administration fees. RRSP’s are: • Investments that utilize a government tax shelter to defer the taxation impact, which allows for accelerated growth. • Limited to investment contributions of 18% of your 2017 income to a maximum of $26,230 for 2018, (projected maximum of $26,500 for 2019). • Able to carry forward any unused credit from 1991-201 which could allow for a contribution cap greater than $26,230 for 2018. Wawanesa Life’s RRSP offering is a Guaranteed Retirement Annuity (GRA). The GRA has been designed for individuals who are using the tax deduction and deferral provisions in the Income Tax Act for their retirement savings. The GRA investment options are: 1. A Daily Interest Account 2. Non-Guaranteed Segregated Funds Market Participation Option (MPO) 3. Guaranteed Investment Accounts Wawanesa Life offers four MPO funds: 1. The Canadian Equity Index Fund 2. The U.S. Equity Index Fund 3. The International Equity Index Fund 4. The Canadian Bond Index Fund Subject to any applicable Maturity and Death guarantee, any part of the premium or other amount that is allocated to a segregated fund is invested at the risk of the contract holder. It may increase or decrease in value according to fluctuations in the market value of the segregated fund assets. The MPO provides you as a GRA policyowner the opportunity to participate in the Canadian bond market and major stock markets in North America and throughout the world by allowing you to purchase units of segregated funds. You can allocate a percentage of your contribution amounts to buy units of segregated funds, and can make contributions in lump sums (Wawanesa Life may require a $500 minimum contract balance after the first 12 months), or by PAD (Pre-Authorized Debit) for as little as $25 per month. Because buyers of segregated fund units assume a higher degree of investment risk, there are some very important differences between how segregated fund and guaranteed investments are sold, you must be sure to discuss the investment risks with an insurance and financial services advisor. Non-Guaranteed Segregated Funds - The Market Participation Option (MPO) ®