NBC Globe-Trotter Deposit Note with Low PointTM, Series 7

Upside potential, protection and diversification – in one investment solution

Probably the most important investment decision you can make is diversifying your portfolio – spreading your investments across various sectors and companies. Now there’s a way to diversify and invest in some of the world’s best companies, while fully protecting your principal. The National Bank Globe-Trotter Deposit Note with Low Point gives you access to some of the world’s leading blue chip companies (Canada, U.S., Europe, Australia and Japan). Your principal is protected if you hold the note to maturity, and your return is calculated starting from the lowest of the 13 monthly portfolio levels observed in the first year.

What is a principal-protected note?

A principal-protected note is a structured investment that guarantees capital preservation while providing the upside potential of stocks, bonds, commodities, mutual funds and other investment products. Notes are usually offered in series and sold in predetermined quantities. Similar to guaranteed investment certificates (GICs), notes must be held for a certain time period in order for gains to be realized.

Reference Portfolio

The securities included in the portfolio remain the same for the term of the note. The relative weight of each entity in the portfolio will vary based on changes in the value of the securities. For complete information, please see the brochure.

The National Bank Globe-Trotter Deposit Note with Low Point offers several key benefits:

• Unlimited potential return at maturity. Your potential return is unlimited at maturity if the Note is not redeemed by the issuer after four years
• Unlimited potential return at maturity.Your potential return is unlimited at maturity if the Note is not redeemed by the issuer after four years
• Low PointTM feature. Upon maturity of the Note (if not redeemed by the issuer after four years), the Variable Return is calculated using the lowest of 13 monthly portfolio levels observed in the first year
• Principal is fully protected at maturity. Regardless of how markets perform over the eight-year term, your principal is protected if you hold the Note until maturity. The National Bank of Canada – Canada’s sixth-largest bank – guarantees repayment of your principal at maturity
• Access to some of the world’s leading companies. Get returns based upon a reference portfolio of companies without the fees associated with stock purchase or the need to perform time-consuming research

The National Bank Globe-Trotter Deposit Note with Low Point might be a good investment if you have an investment time horizon of eight years or more, are looking for principal protection and want to benefit from the growth potential of stock markets

The Deposit Notes provide a return over the eight-year maturity that is linked to the price performance of an equally weighted portfolio of 20 global blue-chip shares. The Deposit Notes are callable for redemption after four years at $141.16 per note for an annualized return of approximately 10%. If the Bank does not exercise its right to call the Deposit Notes, the return at maturity is unlimited and calculated starting from the lowest of the 13 monthly portfolio levels over the first year of the Deposit Notes. For illustrations of hypothetical return scenarios, please see the brochure.

Please refer to the Information Statement for complete details regarding the NBC Globe-Trotter Deposit Note with Low Point.

• 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 or mid-term redemption at National Bank's option
• The secondary market is intended to be maintained by National Bank Financial under normal market conditions. An early redemption fee will apply for the first 24 months.
• Approximately 10% annual compounded return if the Bank exercises its redemption right four years after the issue date

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

1. 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.

2. Complete the application form and return to Altamira along with a cheque.