NBC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to the EURO STOXX 50® Index, Class F, due on July 28, 2022

Current price: $102.38
As of 20-Nov-2017

General Information

Issuer:
NBC
FundSERV Code:
NBC1400
ISM Code:
V80394
Ticker Symbol:
SX5E

Dates

Issue Date:
28-Jul-2017
Maturity date:
28-Jul-2022
Note term:
5.0 years
Call Date 1:
30-Jul-2018
Call Date 2:
29-Jul-2019
Call Date 3:
28-Jul-2020
Call Date 4:
28-Jul-2021
Call Valuation Date 1:
23-Jul-2018
Call Valuation Date 2:
22-Jul-2019
Call Valuation Date 3:
21-Jul-2020
Call Valuation Date 4:
21-Jul-2021
Final Valuation Date:
21-Jul-2022

Highlights

  • 5-year term.
  • Linked to the EURO STOXX 50® Index.
  • Fixed Return applicable to the Call Valuation Dates if the Reference Portfolio Return is then positive: Year 1: 10.25% ; Year 2: 20.50% ; Year 3: 30.75% ; Year 4: 41.00%; Year 5: 51.25%.
  • 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.
  • Participation Factor: 5.00%.
  • Maturity-Monitored Barrier: -25.00%.
  • If the Reference Portfolio Return is higher than the Call Threshold on a Call Valuation Date, the Note Securities will be automatically called on the applicable Call Date and the Maturity Redemption Payment will be equal to $100 x [1 + Fixed Return applicable to the given Call Valuation Date + Variable Return]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is higher than the Call Threshold on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Fixed Return applicable to the Final Valuation Date + Variable Return]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is equal to or lower than the Call Threshold but higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is lower than the Call Threshold and is equal to or lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Reference Portfolio Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is subject to availability and to early trading charges.

Price and Historical Values

Last Updated Date:
20-Nov-2017
Current Price:
$102.38

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 PriceCurrent PriceReturnWeighting
EURO STOXX 50 Price EUR3467.733561.412.70%100%
Reference Portfolio Return2.70%
Indicative Variable Interest10.25%
Barrier2600.7975
Call Threshold0.00%