Some features of Edward Jones certificates of deposit include liquidity, regular income, death benefit and no early redemption, according to Edward D. Jones & Co. This certificate of deposit, or CD, suits investors who want income since it provides income over short periods of time.
The CD offers a fixed income rate, so a person knows what to expect, states Edward D. Jones & Co. A client can sell Edward Jones CDs on any business day at the current market value, which can be more or less than the initial investment. In case a person dies, the CDs allow surviving tenants to redeem them without any penalty. Early redemption of the CDs is not available. Also, all CDS are subject to taxes.