Final answer:
Additional disclosures for a Market Growth GIC include information on how returns are calculated, associated fees, terms including early redemption consequences, and investment risks.
Step-by-step explanation:
When customers agree to open a Market Growth GIC (Guaranteed Investment Certificate), there are specific additional disclosures that financial institutions are required to provide. These disclosures often pertain to understanding the distinct features of the product, including the fact that the return is based on the performance of a market index, and it might have a guaranteed minimum return. Customers should receive clear information on how the returns are calculated, any associated fees or costs, the terms and conditions including what happens if the GIC is redeemed early, and the risks involved in such an investment. It is imperative that customers understand these terms, as they differ from traditional GICs which typically offer fixed returns over a specific period.