Bank of Nova Scotia (BNS/TSE) has introduced a non-registered version of its G7-index guaranteed investment certificate. The Scotia G7 Stock-Indexed GIC provides a return linked to stock markets of Group of Seven countries. A version of the GIC, eligible for registered retirement savings plans and registered retirement income funds, was unveiled early this year, along with a Canadian index GIC. The three-year G7 GIC is linked to performance of stock indexes in the G7 countries -- Canada, the U.S., Japan, Britain, Germany, France and Italy -- as determined by the increase in the Scotia G7 Index (a composite weighting of key market indexes for each G7 country) over the three-year term, up to a specified maximum, currently 30%. If the index declines, only the principal is returned. Investors can lock in a return on the second anniversary of their investment.

	This Information System is provided by the University of Toronto Library and the G7 Research Group at the University of Toronto.
	Please send comments to: g8@utoronto.ca Revised: February 11, 1998.

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