National Bank of Canada has launched the National Bank Euro-Pacific Blue Chip Note effective since May 1, 2006. Exclusively for the financial planner and advisor community, this new note offers fully protected principal and unlimited potential return at maturity.
Key benefits of the note include:
- access to 20 of the best companies from Europe, Asia and Australia;
- unlimited potential return at maturity;
- fully protected principal at maturity (eight-year term); and can be sold on secondary markets.
”Money managers are increasingly turning their gaze to Europe and Asia for future growth. The National Bank Euro-Pacific Blue Chip Note offers a opportunity option for clients to take advantage of overseas growth opportunities while having their principal fully protected at maturity,” said Martin Lavigne, senior vp sales and products, National Bank Securities, in a release.
Series 1 is available since May 1 through June 15, 2006 and Series 2 is available June 16 through August 31. The note qualifies for RRSPs, RRIFs, and RESPs. The Euro-Pacific Blue Chip Note can be purchased via FundSERV code NBC040.