Our 2017 RRSP investment solutions
Contribute to an RRSP: What you need to know
Other solutions to consider
Put your wealth management in our hands
Because estate planning doesn’t lend itself to improvisation, National Bank offers high net worth investors a personalized approach to wealth management.
Invest in National Bank Mutual Funds
Depending on your investor profile, National Bank Mutual Funds can allow you to maximize your RRSP investments while keeping a balance between risk and return.
1 Offer in effect from January 12 to March 1st, 2017. This offer cannot be combined with any other offer, promotion or advantage. This offer can be withdrawn at any time. The interest rate is fixed for the entire term. The minimum deposit required is CDN $500. The offer applies to an investment in a non-redeemable, fixed-rate guaranteed investment certificate (GIC) at 1.65%, in Canadian dollars, for a term of 19 months, to be invested in an RRSP, a TFSA or in a non-registered investment (outside of an RRSP) at National Bank. The offer does not apply to any GICs already held by a client. Interest may be simple or compound, as the client chooses, with the exception of GICs invested in an RRSP, for which interest is compound only. Simple interest is payable monthly, semi-annually or annually, depending on the date the investment was issued. Compound interest is calculated on each anniversary date of the investment, compounded annually and payable at maturity. Clients will have 10 business days after the new GIC is issued to cancel the renewal. National Bank is a member of the Canada Deposit Insurance Corporation (CDIC).
2 This offer can not be combined with any other offer, promotion or benefit.
The Diversified GIC - Performance, Series 59, Investors Category (the "Diversified GIC - Performance") is not a conventional fixed income instrument, is not suitable for all types of investors and is subject to a number of risk factors. Potential investors should consult the relevant Information Statement before investing. The Bank has issued previous series which may have different terms and conditions, please refer our website for previous series. Capitalized terms used and not otherwise defined herein have the meanings ascribed thereto in the Information Statement.
The Variable Interest on the Diversified GIC – Performance is based on the return of three Reference Assets included in the Reference Portfolio, the Fixed-rate GIC, the Canadian Precision 10 GIC and the Global Precision 10 GIC for which the Reference Asset Weight are 25%, 30% and 45% respectively. The Reference Portfolio Return is equal to the weighted average return of the Reference Assets calculated as the sum of the Weighted Reference Asset Return of the Reference Assets comprising the Reference Portfolio. The Variable Interest will be no less than 2.33% of the principal invested on the Issue Date (the “Guaranteed Interest”) (which is equivalent to a compounded annual rate of return of approximately 0.46%) and will be limited to a maximum of 19.21% of the principal invested on the Issue Date (the “Maximum Interest”), which would be the equivalent of a compounded annual rate of return of approximately 3.58%.
The Reference Asset Return of the Fixed-rate GIC is a percentage equal to 1.80%. The Reference Asset Return of the Fixed-rate GIC is compounded annually over five years.
For each of the Canadian Precision 10 GIC and the Global Precision 10 GIC, the Reference Asset Return is the arithmetic average of the price return of the 10 Reference Shares of the applicable Reference Basket having the sixth to fifteenth highest return of the 20 Reference Shares of the applicable Reference Basket over the period starting on the Issue Date of the Diversified GIC – Performance and ending on the Valuation Date, subject to a maximum of 22.50% and a minimum of 0%.
If the Reference Portfolio Return at maturity is not greater than the Guaranteed Interest, the Diversified GIC – Performance will generate only the Guaranteed Interest in addition to the principal invested on the Issue Date.