Profit Lock-In Notes

G7 Global Index Class, Series 1

Product Summary

Inception Date April 10, 2006
Maturity Date December 19, 2014
Offering Price $10.00
Guarantee Amount $......
Market Price Per Note $......
Investment Exposure as at June 30, 2009 0%

The performance of the ONE Financial Profit Lock-In Notes, G7 Global Index Class is linked to a weighted combination of indices from the G7 countries: the United States, Japan, Germany, France, the United Kingdom, Canada and Italy. The indices chosen for this Note are, arguably, the leading indices in their respective countries, and together they provide access to many of the world's top corporations³. The Note offers a number of key benefits:

  • Principal & growth protected exposure to world's equity markets
  • Significant growth potential
  • Focus on developed markets
  • Broad geographic diversification
  • Diversified across industry sectors
  • Exposure to high growth regions

Investment Details

Style Income-Oriented / Profit Lock-In / Principal-Guaranteed
Guarantor BNP Paribas S.A. (Rated AA by S&P)
Administrator ONE Financial
Leveraged return potential Yes, up to 200% investment exposure
Liquidity Weekly
RSP eligibility 100%
Performance as at June 30, 2009
Returns as at June 30, 2009
1 Month -0.70%
3 Months -6.30%
6 Months -7.02%
Year-To-Date -7.02%
1 Year -3.15%
3 Year (annualized) -1.28%
Total Return since Inception -13.22%
Initial Price $10.0000
Current Price $8.6780
Underlying Investments as at June 30, 2009
Indices Targeted % Portfolio Allocation Region
S&P 500 Index 35% US
Nikkei 225 Index 15% Japan
DAX 30 Index 10% Germany
CAC 40 Index 10% France
FTSE 100 Index 15% U.K.
S&P/TSX 60 Index 10% Canada
S&P MIB 40 Index 5% Italy

Family Features

ONE Financial Profit Lock-In Notes™ and Profit Lock-In & Cashflow Notes™ are Canada's Only Family of Guaranteed Linked Notes. They offer complete switchability, daily profit lock-in and enhanced income and growth potential.


At any time, you can switch between the 5 classes of notes in the family in response to changing market conditions or personal investment objectives.

Automatic Daily Profit Lock-In

Daily Profit Lock-In guarantees not only 100% of your initial capital, but also 100% of any growth your investments achieve².

Enhanced Performance Opportunities

Up to 2X exposure to the underlying investments.

The Family


The ONE Financial Profit Lock-In Notes, G7 Global Index Class, Series 1 (the "Notes") are linked to a portfolio of indexes from the seven largest economies in the world (the "Portfolio"). Since the inception date of the Notes, the performance of each of the indexes has been: -29.1% for the S&P 500 Index, -30.0% for the FTSE 100 Index, -43.0% for the Nikkei 225 Index, -19.9% for the DAX 30 Index, and -39.5% for the CAC 40 Index, -9.1% for the S&P/TSX 60 Index, and -36.0% for the S&P/MIB 40 Index.

The price of the Notes will not track the performance of a static portfolio invested since inception of the Notes according to the Portfolio's targeted allocation, and is affected by many inter-related factors including:

  • the Portfolio's "Dynamic Asset Allocation" feature,
  • the performance of each of the indexes in the Portfolio,
  • changes in the level of interest rates,
  • time remaining until the Notes' maturity date, and
  • market demand for the Notes.

The difference between the performance of the Notes and the performance of a static portfolio invested according to the Portfolio's targeted allocation can largely be attributed to the Portfolio's "Dynamic Asset Allocation" feature. This feature is designed to both protect the Portfolio's net asset value (or "NAV") on the downside, and pursue potentially leveraged returns on the upside.

Exposure to the indexes is adjusted regularly and systematically according to a non-discretionary re-weighting procedure. Generally, as the value of the Portfolio increases, the Portfolio will potentially leverage its investments according to the targeted allocation up to a maximum of 200% of its NAV in order to pursue enhanced returns, and as the value of the Portfolio decreases, it potentially (i) de-leverages its investments in order to protect its NAV, and (ii) if the exposure is less than 100%, reallocates its investments from the indexes to a greater weighting in a BNP notional bond. Although the Portfolio will not directly track the performance of an investment in the underlying indexes according to a static allocation during the term of the Notes, if the Portfolio is expected to provide solid, consistent performance throughout the term, then investors should benefit from the strong potential for leveraged returns at maturity.


This Note is not available for purchase at this time.

The Guarantor

BNP Paribas

BNP Paribas was established in 1848, and according to rankings published in July 2005 by The Bank, is the sixth largest banking group in the world and the largest in Europe based on total assets of approximately CAD $1.7 trillion (approximately the size of the Canada's five largest banks combined). As one of the world's leading diversified financial institutions BNP Paribas is present in over 85 countries, and has approximately 100,000 employees worldwide.

The BNP Paribas Group is organized around three core businesses: Retail Banking, Corporate & Investment Banking and Private Banking & Asset Management. Through its 2,200 branches across France and worldwide, BNP has more than twenty million individual and small business customers and 50,000 corporate customers.

BNP Paribas' long term debt ratings are: AA with a stable outlook from Standard & Poor's, Aa2 with a stable outlook from Moody's, and AA with a stable outlook from Fitch.



Additional Information