Global Equity GIC (2.5-year), Series 22

Current price: N/A
As of

General Information

FundSERV Code:
ISM Code:
Ticker Symbol:
7267 JP Equity, 8058 JT Equity, ALV GY Equity, BHP AU Equity, BNP FP Equity, CAT UN Equity, CSCO UW Equity, DWDP UN Equity, EOAN GY Equity, F UN Equity, FP FP Equity, GE UN Equity, GSK LN Equity, HPQ UN Equity, INTC UW Equity, JPM UN Equity, NESN SW Equity, PFE UN Equity, T UN Equity, UNA NA Equity


Issue Date:
Sales Period:
01-Nov-2018 - 12-Dec-2018
Maturity date:
Note term:
2.5 years
Valuation Date:


  • 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: 9.00%.
  • 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.
Legal Notice