logo National Bank
Personal
Bank accounts
Credit cards
Borrowing
Mortgages
Savings and investments
Insurance
Wealth management
CLOSE

Canadian Market Low Volatility GIC

Leverage the potential of the S&P/TSX Composite Low Volatility Index

 

At a glance1

What is the Canadian Market Low Volatility GIC?

This GIC tracks the performance of the 50 least volatile stocks in the S&P/TSX Composite Index. Your principal is 100% guaranteed.

Perfect if you are looking to:

  • Leverage market potential
  • Fully protect your initial investment
  • Invest in a low volatility index
  • Make an investment that is eligible for CDIC coverage3

Interest: Compound

Minimum investment: $500

Sales period: July 26, 2018 to September 12, 2018

Terms and maturity dates: 3-year GIC: September 17, 2021, 
5-year GIC: September 18, 2023

Issue date: September 19, 20181

Participation factors: 3-year GIC: 80.00%,
5-year GIC: 115.00%, No maximum on variable interest2

Investment horizon: 3 or 5 years

Investment horizon icon

Sample volatility

A stock's volatility represents the extent and frequency of fluctuations in its value over a given period (see graph).

Sample volatility graph

This hypothetical example is for information purposes only. It should not be treated as a forecast or projection.

GIC options

Decide whether you want a registered or non-registered GIC.

Where do you want to invest
Term Plan Minimum investment Participation factor Interest type Get this GIC
${productCriteria.TERMRANGE.criteriaNumericValue} months ${regime} $${productCriteria.AMTRANGE.criteriaLowerValue} ${taux|percent:"true"} ${interet} ${urlForms |link:"Choose this GIC":"btn btnRTE1":"_blank"}

Our advisors can help you choose the GIC that's right for you.

Make an appointment
Magic wand tip icon

Tip

Looking to invest in a global equity portfolio? Discover NBI Portfolios.

Little details that matter

Reference documents

Additional information

The Canadian Market Low Volatility GIC can be held in a registered or non-registered account. It cannot be transferred.

This product is eligible for deposit insurance through the CDIC.3

To invest online, you must have a National Bank of Canada account. Don't have an account? Contact a National Bank branch.

Legal Disclaimers

1. The Canadian Market GIC, Series 3, Investors Category (the "Canadian Market GIC") is not a conventional fixed-income instrument, is not suitable for all investor type and carries some risk. Potential investors should consult the relevant fact sheet before investing. The Bank has issued previous series which may have different terms and conditions. Please refer to the rates bulletin for previous series. Terms and expressions not defined have the meaning given in the relevant fact sheet.

2. The variable interest for the Canadian Market GIC is based on the performance of the S&P/TSX Composite Low Volatility Index (the "Reference Index"), which comprises the Reference Portfolio. The Reference Portfolio Return is the Reference Index Return multiplied by a participation factor specified in the relevant fact sheet. A change in the Reference Index has a direct impact on the variable interest paid at maturity. If the return on the Reference Portfolio for the term payable is less than zero, no interest will be paid.

3. An investment in a Canadian Market GIC is eligible for Canada Deposit Insurance Corporation (CDIC) insurance, up to the maximum coverage amount. See the terms and conditions set out in the CDIC brochure "Protecting Your Deposits," which you can access online at www.cdic.ca or by calling 1-800-461-2342.

4. A change in the Reference Portfolio has a direct impact on the variable interest paid at maturity. If the return on the Reference Portfolio is not greater than the guaranteed interest at maturity, only the amount of the guaranteed interest and the principal invested on the issue date are payable.

Another great option

${p1.nomFamille}

Leverage the growth potential of Canadian banks

$${p1.productCriteria.AMTRANGE.criteriaLowerValue}

Minimum investment

${p1.productCriteria.TERMRANGE.criteriaNumericValue} months

Term


 

${p1.interet}

Interest

Maximum interest at maturity

${p1.tauxMax|percent:"true"}

${p1.tauxMaxText}4

Explore our other savings and investment solutions

Managed solutions and investment funds

Trust our experts to manage your investments.

 

See our managed solutions and investment funds

Savings accounts

Great for short-term saving—access your funds at any time.

 

See all our savings accounts

See all our solutions

Ready to start saving?

Talk to an advisor for personalized advice or choose an investment online.

Make an appointment

Sign in

Telephone icon
Frequently asked questions icon