Do you have an investment horizon of eight years or more? Are you looking for principal protection? Want to benefit from the growth potential of the best performing of three internationally diversified portfolios? If so, the Altamira Global SMART Note may be a good investment for you.

The Portfolios
SMART American Bias	SMART European Bias	SMART Asia Pacific Bias

What is a principal-protected note?

Principal-protected notes allow you to participate in potential gains while protecting your initial investment. This principal is returned at maturity and the Note gives you the opportunity to participate in the upside potential of stocks, bonds, commodities and currencies.

How does the Altamira Global SMART Note work?

The Altamira Global SMART Note is a principal-protected deposit note with returns linked to three internationally diversified portfolios, each allocated among the three most common asset classes – equities, bonds and commodities – and each overweighted in a specific geographic region (America, Europe and Asia Pacific). The Global SMART Note provides, at maturity, the best return out of the three portfolios, reducing the risk of experiencing poor returns. At the end of the 8-year term, returns are calculated for all three portfolios. You receive your initial investment back plus a return equal to the return of the best performing portfolio. If no portfolio has performed well, your initial investment is still returned. It's that simple.

Benefits

The Altamira Global SMART Note offers several key benefits:

Your principal is protected at maturity
At maturity, you get the return of the best performing of 3 internationally diversified portfolios (American bias, European bias and Asia Pacific bias)
8-year term with unlimited potential return at maturity

Is this right for me?	To top

The Global SMART Note may be right for you if you have an investment horizon of eight years or more, are looking for protection of your initial investment and want to benefit from the growth potential of the best performing of three internationally diversified portfolios.

How is my return calculated?	To top

At the end of the 8-year term, returns are calculated for all three portfolios. You receive your initial investment back plus a return equal to the return of the best performing portfolio. If no portfolio has performed well, your initial investment is still returned.

Details you need to know

To top

Registration Eligibility	RRSP: 100%
	RESP: 100%
	RRIF: 100%
Selling period	Not available for sale at this time.

Term	The Note has an eight-year term
Price per Note	$100
Minimum investment	$500 (5 Notes)
Issuer	National Bank of Canada
Guarantee	The National Bank of Canada – Canada's sixth-largest bank – guarantees repayment of the client's principal at maturity in eight years. The National Bank of Canada has an A credit rating from the S&P and an A (high) from DBRS (Dominion Bond Rating Service). The notes are not insured under the Canada Deposit Insurance Corporation Act or under any other insurance regime.
Tax treatment	No income taxes are payable before sale or maturity, so the investment grows in a tax-sheltered environment. If an investor sells notes prior to maturity, the gain (or loss) will normally be classified as a capital gain (loss). Otherwise, the excess return above the principal at maturity will be classified as interest.
Access to funds	Notes can be sold in a weekly secondary market maintained by National Bank Financial in normal market conditions. There is an early trading charge for notes sold within 24 months of purchase.
Availability for sale	Available to Canadian residents only.
Suitable for	Equity portion of investment portfolio.
Please refer to the Information Statement for complete details regarding the Altamira Global SMART Note. For the daily prices, please click here. For historical prices, please contact an Altamira Advisor at 1-888-ALTAMIRA.

Points to consider	To top

The Note has a eight year term More earnings potential than a GIC No income taxes payable during the holding period. The interest earned on the notes is tax-deferred until maturity Access to a secondary market. The National Bank of Canada will maintain a weekly secondary market under normal market conditions

How do I sign up?

To top

It's simple...all you have to do is:

For new clients, download an application form, request one by telephone or pick one up at the Altamira Investment Centre nearest you. For existing clients, contact an Altamira Advisor.
Complete the application form and return to Altamira along with a cheque.

Need help? Contact an Altamira Advisor at 1-866-351-6925 or send us an e-mail.

Important

The Altamira Global SMART (Systematic Maximum Allocation of Returns) Note is being issued by the National Bank of Canada and is a principal-protected investment redeemable at maturity. Any change in the return of the reference portfolios, which correspond to a change in the return of the underlying assets, will have a direct impact on the return payable. It is possible that no return will be paid. An investment in the Note is subject to a number of risk factors. The complete information related to this issue of the Notes is included in the Information Statement which is available upon request and will be sent to investors. Potential purchasers should consult the Information Statement before investing in the Notes.

Want more information? Call us today.

View another fund

Altamira Global SMARTTM Note, Series 1, (Currently not for sale)

What is a principal-protected note?

How does the Altamira Global SMART Note work?

Important

Altamira Global SMART^TM Note, Series 1, (Currently not for sale)