NBC Canadian Banks Deposit Notes S3

Current price: $101.29
As of 09-Sep-2020

General Information

Issuer:
NBC
FundSERV Code:
NBC1750
ISM Code:
V74710

Product Description

The Canadian Banks Deposit Notes offers the growth potential of a portfolio of the common shares of 5 Canadian banks all while ensuring 100% principal protection at maturity.

Highlights

  • 6-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • The Deposits aim to provide you with a return at maturity linked to the performance of an equally weighted portfolio of the common shares of 5 Canadian banks.
  • A daily secondary market is maintained subject to availability and to early trading charges within the first 360 days including and following the Issuance Date, up to $3.60 per Deposits. A Holder who sells Deposits prior to maturity may receive less than the Initial Deposit Amount per Deposit.
  • Eligible for all types of accounts (RRSP, RRIF, DPSP, RESP, RDSP and TFSA).

Dates

Issue Date:
09-Sep-2014
Maturity date:
09-Sep-2020
Note term:
6.0 years
Valuation Date:
01-Sep-2020

Price and Historical Values

Last Updated Date:
09-Sep-2020
Current Price:
$101.29
Current ETC:
$0.00
Price Net of ETC:
$101.29
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 ValueFinal PriceReturn
Bank of Montreal84.2481.90-2.78%
Bank of Nova Scotia72.255.62-22.96%
Canadian Imperial Bank of Commerce106.36104.10-2.12%
Royal Bank of Canada81.2199.0321.94%
Toronto-Dominion Bank57.4664.9913.10%
Reference Portfolio Return1.44%
Basket Level1 014.363