Accumulus Management Ltd., a subsidiary of Jovian Capital Crop. is launching the Accumulus TargetYield Protected Note Series 1. This is the first in a series of investment products designed to help clients achieve attractive yield potential with 100% capital protection by National Bank of Canada.

In a release Jovian said the note has the potential to deliver investors an 8% compounded annual return if redeemed at mid-term by the bank, or an unlimited potential return if held to maturity.

The portfolio underlying the note is managed by two portfolio managers, one of which is Leon Frazer & Associates Inc.,

The note is 100% RSP eligible and is open for investment from September 20 to November 11.