NBC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to the Canadian energy sector, due on April 16, 2018
1566
General Information
-
-
-
Issuer:
-
NBC
-
FundSERV Code:
-
NBC2433
-
ISM Code:
-
V75789
-
Ticker Symbol:
-
XEG
-
Educational Summary:
-
Link
Highlights
- 3-year term.
- Linked to the units of the S&P/TSX Capped Energy Index ETF.
- Fixed Return applicable to the Call Valuation Dates if the Reference Portfolio Return is then positive: Year 1: 10.00% ; Year 2: 20% ; Year 3: 30%.
- Variable Return is applicable where the Reference Portfolio Return is greater than the Fixed Return applicable to the given Call Valuation Date or Final Valuation Date, and the Variable Return will be equal to the product of (i) the Participation Factor and (ii) the amount by which the Reference Portfolio Return exceeds such Fixed Return.
- Participation Factor: 5%.
- Maturity-Monitored Barrier: -30%.
- 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 be equal to $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 $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 Redemption Payment will be equal to $100.
- 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:
-
14-Apr-2015
-
Maturity date:
-
16-Apr-2018
-
Note term:
-
3.0 years
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Call Val. Date:
-
07-Apr-2016
-
Call Val. Date 1:
-
07-Apr-2016
-
Call Val. Date 2:
-
07-Apr-2017
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Final Valuation Date:
-
09-Apr-2018
Price and Historical Values
-
Last Updated Date:
-
16-Apr-2018
-
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.
Legal Notice
Portfolio
| Company | Initial Price | Final Price | Return |
|---|
| iShares S&P/TSX Capped Energy Index ETF | 14.90 | 12.01 | -19.40% |
| | | |
| | Reference Portfolio Return | -19.40% |
|---|
| | Indicative Variable Interest | 0.00% |
| | | |
|