DUO Strategy – new!
Evoluterm GIC
Non-redeemable Escalarater GIC

Evoluterm GIC

• Your initial investment is divided into three or five equal portions.
• These amounts are invested in certificates with different maturity dates: either one, two and three-year terms or one, two, three, four and five-year terms.
• At maturity, each portion of your capital becomes accessible and may be used based on your needs.
• If you don't need to access your funds, they are automatically reinvested for a three or five-year term.
• Product eligible for deposit insurance offered by Canada Deposit Insurance Corporation (CDIC).
• To contribute it is required that you have a National Bank account. If not, please visit one of our branch.

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Non-redeemable Escalarater GIC

• The interest rate increases each year.
• Stable, predictable income.
• Non-transferable and non-redeemable prior to maturity.
• Product eligible for deposit insurance offered by Canada Deposit Insurance Corporation (CDIC).
• To contribute it is required that you have a National Bank account. If not, please visit one of our branch.

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DUO Strategy: a winning tandem!

The DUO Strategy is an investment strategy that combines a promotional fixed-rate GIC and a Canadian Advantage 8 Plus GIC (simple or compound interest)¹ with a higher return potential. When combined with a Canadian Advantage 8 Plus GIC, the fixed-rate GIC portion benefits from a promotional bonus rate.

• 100% principal protection at maturity
• Distribution
  • 50% in a 37-month term fixed-rate GIC
  • 50% in a 5-year term Canadian Advantage 8 Plus GIC (simple or compound interest)
• Maturity diversification
  • 37-month term for the fixed-rate GIC
  • 5-year term for the Canadian Advantage 8 Plus GIC (simple or compound interest)
• A bonus³ rate on the 3-year conventional fixed-rate GIC rate
• Growth potential of a Canadian diversified equity portfolio (for the Canadian Advantage 8 Plus GIC portion)
• Eligible in registered*, non registered and TFSA accounts.
• The National Bank is a member of the Canadian Deposit Insurance Corporation (CDIC)
• Minimum investment : $3,000
  • $1,500 Canadian Advantage 8 Plus GIC
  • $1,500 fixed-rate GIC
• A limited time offer⁴

1. The combination of the two GICs has several advantages. The fixed rate GIC benefits from a higher promotional rate that would otherwise not be available, and the Canadian Advantage 8 Plus GIC allows a guaranteed return as well as market exposure.
2. In addition, maturity diversification allows access to half of your capital at 37 months, while the rest of your capital continues to benefit from higher potential returns due to market exposure.

*For information on availability, please consult your advisor.

¹ The Canadian Advantage 8 Plus GIC, Investors Category (the “Canadian Advantage 8 Plus GIC, simple interest”) and the Canadian Advantage 8 Plus GIC, Investors Category, compound interest (the “Canadian Advantage 8 Plus GIC, (Compound Interest)) are guaranteed investment certificates fully guaranteed at maturity and offer return potential over a 5-year term. The Canadian Advantage 8 Plus GIC, simple interest assures a Guaranteed Annual Interest and the Canadian Advantage 8 Plus GIC, Compound Interest assures a Guaranteed Interest. The Variable Interest of both Canadian Advantage 8 Plus GICs is based on the price return of 20 leading Canadian companies comprised in the Reference Portfolio. The Reference Portfolio return is an arithmetic average of the price return of the Reference Shares where each of the eight Reference Shares with the highest return will be allocated a fixed return of 45%, for the purpose of such calculation, notwithstanding the actual price return. The remaining twelve Reference Shares will be assigned their actual price returns. For the Canadian Advantage Plus GIC, simple interest, the sum of the Guaranteed Annual Interest paid throughout the term is then deducted from the return of the Reference Portfolio which determines the Variable Interest, subject to the Maximum Variable Interest. If the Reference Portfolio does not generate a positive return at maturity that is greater than the Guaranteed Annual Interest paid throughout the term, the Canadian Advantage 8 Plus GIC will not generate any Variable Interest and, in this case, no return other than the Guaranteed Annual Interest will be paid. For the Canadian Advantage 8 Plus GIC compound interest, no interest or any other amount will be paid during the term of the Canadian Advantage 8 Plus GIC, compound interest. Notwithstanding whether the Reference Portfolio Return is positive or not at maturity, the Canadian Advantage 8 Plus GIC, compound interest will generate the Guaranteed Interest. However, if the Reference Portfolio does not generate a positive price return at maturity that is greater than 5.10%, the Canadian Advantage 8 Plus GIC, compound interest will generate only the Guaranteed Interest in addition to the principal invested on the Issue Date.

Both of the Canadian Advantage 8 Plus GIC are not suitable for all types of investors and are subject to a number of risk factors. You should read the relevant Information Statement for more detailed risk disclosure and complete information on each of the Canadian Advantage 8 Plus GIC. This document is for information purposes only and does not constitute an offer to sell or a solicitation to buy any of the Canadian Advantage 8 Plus GIC. Capitalized terms used herein and not otherwise defined have the meaning ascribed thereto in the Canadian Advantage 8 Plus GIC Information Statement. National Bank of Canada may issue this product through various series having different terms and conditions. The features of each series of the Canadian Advantage 8 Plus GIC may be modified from time to time.

² The conventional fixed-rate GIC is a non-redeemable, Canadian dollar investment certificate fully guaranteed at maturity.

³ In order to benefit from the promotional bonus rate, you must adhere to the DUO Offer by combining a 50% portion of your investment in a 5-year term Canadian Advantage 8 Plus GIC with a 50% portion of your investment in a 37-month term fixed-rate GIC.

⁴ This offer cannot be combined with any other offer, promotion or advantage at National Bank. Employees of National Bank, its subsidiaries and affiliates are not eligible for this offer. National Bank reserves the right to terminate this offer at any time without notice. Complete details and conditions are available in the branches.

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