National Bank - Structured Solutions Group

Low volatility Canadian market GIC (3-year), Series 12

Current price: N/A
As of

General Information

FundSERV Code:
Ticker Symbol:
S&P/TSX Composite Low Volatility Index


Issue Date:
Sales Period:
26-Jul-2018 - 12-Sep-2018
Maturity date:
Note term:
3.0 years
Valuation Date:

Product Description

The Canadian Market Low Volatility GIC offers the growth potential linked to the performance of the S&P/TSX Composite Low Volatility Index all while ensuring 100% principal protection at maturity.


  • 3 years and 5 years-term.
  • Participation Factor: 80% (3-year GIC); 115% (5-year GIC)
  • No maximum Variable Interest.
  • Principal 100% protected at maturity.
  • Eligible for deposit insurance offered by CDIC.
  • Eligible for registered* and non-registered accounts.
  • Variable Interest, if any, will be calculated at maturity based on the price performance of the Reference Portfolio including the Reference Index multiplied by the Participation Factor.
  • The Reference Portfolio Return is equal to the sum of the weighed Reference Asset Return of each of the Reference Assets comprising the Reference Portfolio. 
  • If the Reference Portfolio does not generate a positive price return over the term of the Canadian Market Low Volatility GIC, it will generate no Variable Interest and no return will be made.
Legal Notice


CompanyInitial ValueCurrent PriceReturn
S&P/TSX Composite Low Volatility Price Return Index#N/A N/A420.27
Reference Portfolio Return
Basket Level