NBC Canadian Equity GIC, Series 28

Current price: $135.29
As of 14-Jul-2021

General Information

Issuer:
NBC
FundSERV Code:
NBC2254
ISM Code:
V98118
Ticker Symbol:
BCE CT Equity, BMO CT Equity, FTS CT Equity, NTR CT Equity, RCI/B CT Equity, RY CT Equity, SJR/B CT Equity, SLF CT Equity, T CT Equity, TRI CT Equity

Product Description

The Canadian Equity GIC offers the growth potential of a Canadian diversified equity portfolio all while ensuring 100% principal protection at maturity.

Highlights

  • 5-year term (non-redeemable).
  • Principal invested on the Issue Date is 100% protected at maturity.
  • Eligible for deposit insurance offered by CDIC.
  • The Variable Interest is calculated at maturity based on the arithmetic average of the price return of 10 Reference Shares multiplied by the Participation Factor of 80%
  • The Reference Portfolio Return is an arithmetic average (expressed as a percentage and rounded to two decimal places) of the price return of the Reference Shares over the period starting on the Issue Date of the Canadian Equity GIC and ending on the Valuation Date.
  • If the Reference Portfolio does not generate a positive price return at maturity, the Canadian Equity GIC will not generate any Variable Interest and, in this case, no return will be paid.
  • No Secondary Market.
  • Exposure to a diversified portfolio of Canadian equities, allowing for higher potential return than conventional fixed-rate GICs.

Dates

Issue Date:
15-Jul-2016
Maturity date:
14-Jul-2021
Note term:
5.0 years
Valuation Date:
07-Jul-2021

Price and Historical Values

Last Updated Date:
14-Jul-2021
Current Price:
$135.29
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 ValueFinal PriceReturn
BCE Inc.62.5261.94-0.93%
Bank of Montreal84.73126.8449.70%
Fortis Inc.43.355.3827.90%
Nutrien Ltd55.542674.2733.72%
Rogers Communications Inc. - Class B53.9166.6623.65%
Royal Bank of Canada80.1125.9557.24%
Shaw Communications Inc. - Class B24.8635.9144.45%
Sun Life Financial Inc.42.563.2248.75%
TELUS Corporation21.48527.9029.86%
Thomson Reuters Corporation55.5643126.00126.76%
Reference Portfolio Return44.11%
Basket Level1 441.103