NBC American Market Flex GIC, series 7

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC29040
ISM Code:
Z56BQ9
Ticker Symbol:
XSP
Index Page:
Link

Highlights

  • 6-year term.
  • Linked to the iShares® S&P 500 Index ETF CAD Hedged.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation Factor: 65%
  • Eligible for CDIC Deposit Insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Can be sold back to the Bank on a daily basis subject to normal market conditions. An investor who sells the Deposit prior to maturity may receive less than the Principal Amount per Deposit.

Dates

Issue Date:
04-Oct-2024
Sales Period:
26-Sep-2024 - 27-Sep-2024
Maturity date:
04-Oct-2030
Note term:
6.0 years
Valuation Date:
26-Sep-2030

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