What are the different types of guaranteed investments?

There are several different types of guaranteed investments available, including:

1. Bank Deposits: These are deposits made in a bank or financial institution that guarantee the return of principal and a fixed rate of interest for a specified period.

2. Fixed Annuities: Fixed annuities are insurance products that pay out a fixed amount of income over a period of time. The income is guaranteed and the principal is usually protected.

3. Government Bonds: Government bonds, such as US Treasury bonds, are considered to be one of the safest investments available. The government guarantees the repayment of principal and interest.

4. Guaranteed Investment Certificates (GICs): GICs are similar to bank deposits in that they offer a guaranteed return on investment. They are typically issued by banks and other financial institutions.

5. Indexed Annuities: These are similar to fixed annuities, but the return is tied to the performance of a market index. The principal is usually protected, but the return may be lower than with other types of investments.

6. Guaranteed Mutual Funds: These are mutual funds that offer a guaranteed rate of return for a specified period. They may be subject to fees and other charges.

7. Structured Products: Structured products are investments that are designed to offer a specific return based on the performance of an underlying asset. They may be complex and may involve higher fees than other types of investments.