NBC Canadian Equity Deposit Notes S5

Current price: $100.00
As of 14-Sep-2020

General Information

Issuer:
NBC
FundSERV Code:
NBC1865
ISM Code:
V76800

Product Description

The Canadian Equity Deposit Note offers the growth potential of a Canadian diversified companies portfolio all while ensuring 100% principal protection at maturity.

Highlights

  • 6-year term.
  • Principal invested on the Issue Date is 100% protected at maturity.
  • Variable Interest payable at maturity is based on the price return of a Reference Portfolio compounded of the common shares of 15 Canadian companies multiplied by the Participation Factor of 100%.
  • The Reference Portfolio Return is an arithmetic average (expressed as a percentage and rounded to two decimal places) of the price return of the Reference Shares over the period starting on the Issue Date of the NBC Canadian Equity Deposit Notes and ending on the Valuation Date.
  • If the Reference Portfolio does not generate a positive price return at maturity, the NBC Canadian Equity Deposit Notes will not generate any Variable Interest and, in this case, no return will be paid.
  • A daily secondary market is maintained subject to availability and to early trading charges within the first 600 days including and following the Issuance Date, up to $4.80 per Deposits. A Holder who sells Deposits prior to maturity may receive less than the Initial Deposit Amount per Deposit.

Dates

Issue Date:
12-Sep-2014
Maturity date:
14-Sep-2020
Note term:
6.0 years
Valuation Date:
04-Sep-2020

Price and Historical Values

Last Updated Date:
14-Sep-2020
Current Price:
$100.00
Current ETC:
$0.00
Price Net of ETC:
$100.00
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

On March 21, 2016, Suncor Energy Inc. (“Suncor”) and Canadian Oil Sands Limited (“COS”) announced that the acquisition of COS by Suncor has been completed. As a result thereof, the common shares of COS will cease to be traded on the Toronto Stock Exchange. Accordingly, we hereby advise the Holders of the Deposits that, as of March 24, 2016, the common shares of COS have been replaced by the common shares of Suncor (trading under ticker “SU”) as a Reference Asset in the Reference Portfolio of the Deposits in accordance with the terms and conditions of the Information Statement. All calculations in respect of the Reference Portfolio Return that were based on the price return of the common shares of COS will be, from March 24, 2016 until maturity, based on the price return of the common shares of Suncor.

Legal Notice

Portfolio

CompanyInitial ValueFinal PriceReturn
BCE Inc.48.3455.8415.52%
Bank of Nova Scotia72.9755.34-24.16%
Baytex Energy Corp45.030.64-98.58%
Canadian Imperial Bank of Commerce107.01104.09-2.73%
Crescent Point Energy Corporation41.992.09-95.02%
Fortis Inc.34.3452.0151.46%
Great-West Lifeco Inc.32.7425.76-21.32%
Loblaw Companies Limited44.609466.7849.70%
Power Corporation of Canada3225.65-19.84%
Rogers Communications Inc. - Class B44.8755.5223.74%
Shaw Communications Inc. - Class B27.9424.21-13.35%
Sun Life Financial Inc.41.9154.3829.75%
Suncor Energy Inc.76.678620.24-73.60%
TELUS Corporation19.84523.8019.93%
Thomson Reuters Corporation41.763499.29137.74%
Reference Portfolio Return-1.39%
Basket Level986.150