NBC Canadian banks GIC, Series 3

Current price: $132.46
As of 15-Nov-2021

General Information

Issuer:
NBC
FundSERV Code:
NBC3002
ISM Code:
V87257
Ticker Symbol:
BMO CT Equity, BNS CT Equity, CM CT Equity, RY CT Equity, TD CT Equity

Product Description

The Canadian Banks GIC offers the growth potential linked to the performance of an equally weighted portfolio of the common shares of 5 Canadian Banks all while ensuring 100% principal protection at maturity.

Highlights

  • 5-year term.
  • Principal invested on the Issue Date is 100% protected at maturity.
  • Participation factor: 100.00%
  • Reference Portfolio Return: On any day, the sum of the Weighted Reference Asset Return of each Reference Asset comprising the Reference Portfolio.
  • Variable Return: means a percentage equal to the product of (i) the Reference Portfolio Return on the Valuation Date and (ii) the Participation Factor, subject to a minimum of zero.
  • Eligible for the CDIC deposit insurance.
  • Eligible for all types of accounts (RRSP, RRIF, DPSP, RESP, RDSP and TFSA).
  • No secondary market.

Dates

Issue Date:
27-Sep-2017
Maturity date:
23-Sep-2022
Note term:
5.0 years
Valuation Date:
16-Sep-2022

Price and Historical Values

Last Updated Date:
15-Nov-2021
Current Price:
$132.46
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
Bank of Montreal93.49139.7849.51%
Bank of Nova Scotia80.0282.743.40%
Canadian Imperial Bank of Commerce54.46149.03173.65%
Royal Bank of Canada95.44132.6538.99%
Toronto-Dominion Bank70.2993.2332.64%
Reference Portfolio Return59.64%
Basket Level1 596.374