NBC Meritage Deposit Notes, Series 1

Current price: $147.11
As of 18-Apr-2022

General Information

Issuer:
NBC
FundSERV Code:
NBC1811
ISM Code:
V76079

Product Description

The Meritage Deposit Notes offers the growth potential of a portfolio of the Class O units of the Meritage Growth Portfolio, which number of Reference Units is adjusted to reflect distribution re-investments and the Structuring Fee all while ensuring 100% principal protection at maturity.

Highlights

  • 8-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 Class O units of the Meritage Growth Portfolio.
  • A daily secondary market is maintained subject to availability and to early trading charges within the first 720 days including and following the Issuance Date, up to $6.00 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:
17-Apr-2014
Maturity date:
18-Apr-2022
Note term:
8.0 years
Valuation Date:
08-Apr-2022

Price and Historical Values

Last Updated Date:
18-Apr-2022
Current Price:
$147.11
Current ETC:
$0.00
Price Net of ETC:
$147.11
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

FundNAV on issuance date
Meritage Growth Portfolio10.75