Canadian Advantage 8 (5 years) GIC S8, Advisors Category

Current price: $117.95
As of 15-Aug-2018

General Information

Issuer:
NBC
FundSERV Code:
NBC2114
ISM Code:
V96612

Product Description

The Canadian Advantage 8 GIC offers the growth potential of a Canadian diversified equity portfolio all while ensuring 100% principal protection at maturity. The 8 Reference Shares with the highest price returns are automatically assigned a fixed return of 32.50%, regardless of the actual price return realized. The remaining 12 Reference Shares will be assigned their actual price returns.

Highlights

  • 5-year term (non-redeemable).
  • Principal invested on the Issue Date is 100% protected at maturity.
  • Eligible for deposit insurance offered by CDIC.
  • Variable Interest payable at maturity is based on the price return of the common shares of 20 Canadian companies included in the Reference Portfolio.
  • The Reference Portfolio Return is an arithmetic average of the price return of the Reference Shares over the period starting on the Issue Date of the Canadian Advantage 8 GIC and ending on the Valuation Date, where each of the eight Reference Shares with the highest price return will be allocated a fixed return of 32.50%, for the purpose of such calculation, notwithstanding the actual price return. The remaining twelve Reference Shares will be assigned their actual price returns.
  • If the Reference Portfolio does not generate a positive price return at maturity, the Canadian Advantage 8 GIC will not generate any Variable Interest and, in this case, no return will be paid.
  • No secondary market.
  • Exposure to a diversified portfolio of Canadian equities, allowing for the potential of a higher return than conventional fixed-rate GICs.

Dates

Issue Date:
16-Aug-2013
Maturity date:
15-Aug-2018
Note term:
5.0 years
Valuation Date:
08-Aug-2018

Price and Historical Values

Last Updated Date:
15-Aug-2018
Current Price:
$117.95
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.

Note

Please note that the Shoppers Drug Mart Corporation Reference Share was replaced by the common shares of Loblaw Companies Limited as a Reference Share in the Reference Portfolio of the Canadian Advantage 8 GIC (5 years), Series 8, Advisors Category (the “GIC”) in accordance with the terms and conditions of the Information Statement dated July 2, 2013. Accordingly, the price return of the common shares of Loblaw Companies Limited will be used in the Variable Interest calculation of the GIC.

Legal Notice

Portfolio

CompanyInitial Value
BCE Inc.42.42
Bank of Nova Scotia58.24
Canadian Pacific Railway Ltd126.11
Cenovus Energy Inc.29.83
Enbridge Inc.43.61
Goldcorp Inc.32.09
Loblaw Companies Limited46.54
Magna International Inc.41.95
Nutrien Ltd39.843
Rogers Communications Inc. - Class B41.88
Royal Bank of Canada64.36
Shaw Communications Inc. - Class B25.41
Sun Life Financial Inc.33.81
Suncor Energy Inc.35.33
TELUS Corporation31.97
TransAlta Corporation14.13
Toronto-Dominion Bank43.7
Teck Resources Limited - Class B28.7
Thomson Reuters Corporation35.99
TransCanada Corporation46.51