NBC Variable ROC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on December 21, 2021

Current price: $104.12
As of 21-Dec-2016

General Information

Issuer:
NBC
FundSERV Code:
NBC1045
ISM Code:
V79344
Ticker Symbol:
XIU

Highlights

  • 6-year term.
  • Linked to the units of the iShares® S&P/TSX 60 Index ETF.
  • Potential ROC Payments: Provided that the Reference Asset Return is higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive a ROC Payment on the applicable ROC Payment Date.
  • ROC Payment Threshold: -35.00%.
  • Call Threshold: 15.00%.
  • Potential ROC Payments : $3.325 semi-annually.
  • Participation Factor of 5%.
  • Maturity-Monitored Barrier: -35.00%.
  • If the Reference Portfolio Return is higher than the Call Threshold 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 + Variable Return]; or
  • 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 + 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.
  • 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 Redemption Payment will be equal to $100 x [1 + Reference Portfolio Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
21-Dec-2015
Maturity date:
21-Dec-2021
Note term:
6.0 years
Call Val. Date 1:
14-Dec-2016
Call Val. Date 2:
14-Jun-2017
Call Val. Date 3:
14-Dec-2017
Call Val. Date 4:
14-Jun-2018
Call Val. Date 5:
14-Dec-2018
Call Val. Date 6:
14-Jun-2019
Call Val. Date 7:
16-Dec-2019
Call Val. Date 8:
15-Jun-2020
Call Val. Date 9:
14-Dec-2020
Call Val. Date 10:
14-Jun-2021
Final Valuation Date:
14-Dec-2021
Final Valuation Date:
14-Dec-2021

Price and Historical Values

Last Updated Date:
21-Dec-2016
Current Price:
$104.12
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

CompanyInitial PriceFinal PriceReturnWeighting
iShares S&P/TSX 60 Index ETF19.4422.5215.84%100%
Reference Portfolio Return15.84%
Indicative Variable Interest0.79%
Barrier12.636
Call Threshold15.00%
Called on December 21, 2016