NBC NASDAQ-100 Bear Notes, Series 1

Current price: US$48.50
As of 20-Jul-2018

General Information

Issuer:
NBC
ISM Code:
V73834

Product Description

The Notes are partial principal-protected notes which aim to provide holders thereof (“Holders”) with a variable return equal to the performance of a notional short investment portfolio. An investment in the Notes will be economically equivalent to a short position in the Reference Fund. As a result, any decrease in the Reference Fund Return will positively impact the return on the Notes, if any, and the Maturity Redemption Amount.

Highlights

  • 3.5 year term.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is subject to availability and to early trading charges.

Dates

Issue Date:
21-Jan-2015
Maturity date:
20-Jul-2018
Note term:
3.5 years
Valuation Date:
17-Jul-2018

Price and Historical Values

Last Updated Date:
20-Jul-2018
Current Price:
US$48.50
Currency:
USD

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

AssetInitial LevelCurrent LevelReturn
PowerShares QQQ Trust Series 1101.52PowerShares QQQ Trust Series 1