NBC American Market Flex GIC, series 7

Current price: $100.87
As of 20-Dec-2024

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
Maturity date:
04-Oct-2030
Note term:
6.0 years
Valuation Date:
26-Sep-2030

Price and Historical Values

Last Updated Date:
20-Dec-2024
Current Price:
$100.87
Current ETC:
$3.00
Price Net of ETC:
$97.87
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
iShares Core S&P 500 Index ETF CAD-Hedged60.0361.923.15%
Reference Portfolio Return3.15%
Basket Level1 031.484
Indicative Variable Interest2.05%