Global Equity GIC (2.5-year) - Investors Category, Series 21

Current price: N/A
As of

General Information

FundSERV Code:
Ticker Symbol:
Global Equity portfolio


Issue Date:
Sales Period:
13-Sep-2018 - 31-Oct-2018
Maturity date:
Note term:
2.5 years
Valuation Date:

Product Description

The Global Equity GIC offers the growth potential of a global diversified equity portfolio (the “Reference Portfolio”) while ensuring peace of mind due to capital protection at maturity.


  • 2.5-year term.
  • Linked to a Global Equity portfolio.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation factor: 100.00%.
  • Maximum Interest at maturity: 8.00% (3.13% compounded annually)   
  • The Variable Interest is based on the return of the common shares of 20 Global companies and is calculated as follows: Variable Interest = Principal invested on the Issue Date x Reference Portfolio Return.
  • The Reference Portfolio Return is the arithmetic average of the Reference Share Return of each of the Reference Shares comprising the Reference Portfolio, subject to the Maximum Interest.
  • If the Reference Portfolio does not generate a positive price return over the term of the Global Equity GIC, the Global Equity GIC will not generate any Variable Interest and, in this case, no return will be paid.
  • Eligible for the CDIC deposit insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • No secondary market.
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