NBC Relay Variable ROC Auto Callable Note Securities (Maturity Monitored
Barrier) linked to Global Equity Markets, due on June 1, 2021
2185
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC1388
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ISM Code:
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V73906
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Ticker Symbol:
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XIU, EWJ, SX5E
Highlights
- 5-year term.
- Linked to the units of the iShares® S&P/TSX 60 Index Fund ETF, units of iShares® MSCI Japan ETF and units of the Euro Stoxx 50® Index (price return).
- Potential ROC Payments: $3.50 semi-annually.
- Participation Factor of 5%.
- Maturity-Monitored Barrier: -30%.
- ROC Payment Threshold: -30%.
- If the Lowest Reference Asset 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 Lowest Reference
Asset Return is positive on the Final Valuation Date, the Maturity
Redemption Payment will be equal to $100 x [1 + Variable Return]; or
- If the Note Securities are not automatically called and the Lowest Reference
Asset Return is nil or negative but higher than the Barrier on the Final
Valuation Date, the Maturity Redemption Payment will be equal to $100; or
- If the Note Securities are not automatically called and the Lowest Reference
Asset 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
+ Lowest Reference Asset Return].
- Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
- A daily secondary market is subject to availability and to early trading charges.
Dates
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Issue Date:
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01-Jun-2016
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Maturity date:
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01-Jun-2021
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Note term:
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5.0 years
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Call Val. Date 1:
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24-Nov-2016
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Call Val. Date 2:
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25-May-2017
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Call Val. Date 3:
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24-Nov-2017
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Call Val. Date 4:
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25-May-2018
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Call Val. Date 5:
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26-Nov-2018
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Call Val. Date 6:
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27-May-2019
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Call Val. Date 7:
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25-Nov-2019
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Call Val. Date 8:
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25-May-2020
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Call Val. Date 9:
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24-Nov-2020
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Final Valuation Date:
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25-May-2021
Price and Historical Values
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Last Updated Date:
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02-Dec-2016
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Current Price:
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$103.50
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Current ETC:
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$0.00
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Price Net of ETC:
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$103.50
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Currency:
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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 60 Index ETF | 20.73 | 22.32 | 7.67% |
iShares MSCI Japan ETF | 47.12 | 49.49 | 5.03% |
EURO STOXX 50 Price EUR | 3038.77 | 3040.60 | 0.06% |
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| | Lowest Reference Asset Return | 0.06% |
| | Indicative Variable Interest | 0.00% |
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Called on December 01, 2016 | | | |
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