NBC Auto Callable Canadian telecommunications companies Deposit Notes, Series 1F

Current price: $104.74
As of 27-Mar-2019

General Information

Issuer:
NBC
FundSERV Code:
NBC26555
ISM Code:
V86241
Ticker Symbol:
BCE CT Equity, RCI/B CT Equity, SJR/B CT Equity, T CT Equity

Product Description

The Deposits will be redeemed automatically prior to the Maturity Date if on any Call Valuation Date the Reference Portfolio Return is higher than the Call Threshold.

Highlights

  • 5-year term.
  • Linked to a portfolio of Canadian telecommunications companies.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Potential fixed Return applicable to the Call Valuation Dates if the Reference Portfolio Return is higher than the Call Threshold: Year 1: 4.25%, Year 2: 8.50%, Year 3: 12.75%, Year 4: 17.00%, Year 5: 21.25%
  • Variable Return is applicable where the Reference Portfolio Return is greater than the Fixed Return applicable to the given Call Valuation Date or Final Valuation Date, and the Variable Return will be equal to the product of (i) the Participation Factor and (ii) the amount by which the Reference Portfolio Return exceeds such Fixed Return.
  • Call Threshold: 0.00%.
  • Participation factor: 5.00%.
  • The Deposit will be redeemed automatically prior to the Maturity Date if on any Call Valuation Date the Reference Portfolio Return is higher than the Call Threshold.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is maintained subject to availability. A Holder who sells Deposits prior to maturity may receive less than the Principal Amount per Deposit.
  • $1,000 minimum subscription (10 Deposits).

Dates

Issue Date:
27-Mar-2018
Maturity date:
27-Mar-2023
Note term:
5.0 years
Call Val. Date 1:
20-Mar-2019
Call Val. Date 2:
20-Mar-2020
Call Val. Date 3:
22-Mar-2021
Call Val. Date 4:
21-Mar-2022
Final Valuation Date:
20-Mar-2023

Price and Historical Values

Last Updated Date:
27-Mar-2019
Current Price:
$104.74
Currency:
CAN

The bid price and any related information on the date of sale may differ from the current price and information posted above. Please refer to the offering document or your investment advisor.

Legal Notice

Portfolio

CompanyInitial ValueCurrent PriceReturn
BCE Inc.54.8258.7107.10%
Rogers Communications Inc. - Class B56.6972.35027.62%
Shaw Communications Inc. - Class B24.4027.67013.40%
TELUS Corporation44.5748.2508.26%
Reference Portfolio Return14.09%
Basket Level1 140.945
Called on March 27, 2019