NBC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to Emerging Markets ETF, due on November 25, 2019

Current price: US$121.00
As of 24-Nov-2017

General Information

Issuer:
NBC
FundSERV Code:
NBC2689
ISM Code:
V78433
Ticker Symbol:
VWO

Dates

Issue Date:
25-Nov-2014
Maturity date:
25-Nov-2019
Note term:
5.0 years
Call Valuation Date 1:
18-Nov-2015
Call Valuation Date 2:
18-Nov-2016
Call Valuation Date 3:
20-Nov-2017
Call Valuation Date 4:
19-Nov-2018
Final Valuation Date:
18-Nov-2019

Highlights

  • 5 year term.
  • Linked to the shares of the Vanguard FTSE Emerging Markets ETF.
  • Fixed Return applicable to the Call Valuation Dates if the Reference Portfolio Return is then positive: Year 1: 8.00%; Year 2: 15.00% ; Year 3: 21.00% ; Year 4: 26.00% ; Year 5: 30.00%.
  • Variable Return is applicable where the Reference Portfolio is greater than the Fixed Return applicable to the given Call Valuation Date or Final Valuation Date and is equal to the product of (i) the Participation Factor and (ii) the amount by which the Reference Portfolio exceeds the Fixed Return.
  • Participation Factor: 5%.
  • Maturity-Monitored Barrier: -25%.
  • If the Reference Portfolio Return is positive on a Call Valuation Date, the Note Securities will be automatically called on the applicable Call Date and the Maturity Redemption Payment will beequal to US $100 x [1 + the Fixed Return applicable to the given Call Valuation Date + the Variable Return].
  • If the Note Securities are not automatically called and the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to US $100 x [1 + the Fixed Return applicable to the Final Valuation Date + the Variable Return].
  • If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but higher than the Barrier on the Final Valuation Date, the Maturity RedemptionPayment will be equal to US $100.
  • If the Note Securities are not automatically called and the Reference Portfolio Return is negative and equal to or lower than the Barrier on the Final Valuation Date, the Maturity RedemptionPayment will be equal to US $100 x [1 + Reference Portfolio Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is subject to availability and to early trading charges.

Price and Historical Values

Last Updated Date:
24-Nov-2017
Current Price:
US$121.00
Current ETC:
US$0.00
Price Net of ETC:
US$121.00

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 PriceFinal PriceReturn
Vanguard FTSE Emerging Markets ETF42.5045.066.02%
Reference Portfolio Return6.02%
Indicative Variable Interest21.00%
Barrier31.875
Called on November 27, 2017