Product Description
The Canadian Advantage 8 GIC offers the growth potential
of a Canadian diversified equity portfolio all while ensuring
100% principal protection at maturity. The 8 Reference
Shares with the highest price returns are automatically
assigned a fixed return of 40%, regardless of the actual
price return realized. The remaining 12 Reference Shares will
be assigned their actual price returns.
Note
Please note that the Shoppers Drug Mart Corporation Reference Share was replaced by the common shares of Loblaw Companies Limited as a Reference Share in the Reference Portfolio of the Canadian Advantage 8 GIC (5 years), Series 8, Advisors Category (the “GIC”) in accordance with the terms and conditions of the Information Statement dated July 2, 2013. Accordingly, the price return of the common shares of Loblaw Companies Limited will be used in the Variable Interest calculation of the GIC.