NBC Canadian Advantage 8 Deposit Notes S4

Current price: $121.38
As of 01-Mar-2019

General Information

Issuer:
NBC
FundSERV Code:
NBC1810
ISM Code:
V76681

Product Description

The Reference Portfolio Return is the arithmetic average of the Reference Share Return of the 20 Reference Shares over the period starting on the Issuance Date and ending on the Valuation Date, where each of the eight Reference Shares with the highest price return will be allocated a fixed return of 40.00% for the purpose of such calculation and notwithstanding the actual price return of such Reference Shares. The remaining twelve Reference Shares will be assigned their actual price returns.

Highlights

  • 5-year term.
  • Principal fully protected at maturity by National Bank of Canada.
  • The return at maturity, if any, per Deposit Note will be subject toa maximum of $48.00 payable on the Maturity Payment Date (representing a maximum annual return of approximately 6.75% compounded annually over six years).
  • The Reference Portfolio is composed of the common shares of 20 Canadian companies.
  • The Reference Share Return is a price return, and will not take into account dividends (representing an annual return of 3.40% as of January 15, 2013).
  • Daily secondary market subject to availability and to early trading charges within the first 600 days up to $4.80 per Deposit Note. A holder who sells Deposit Notes prior to maturity may receive less than the Initial Deposit Amount per Deposit Note.
  • $1,000 minimum subscription (10 Deposit Notes).
  • Eligible for all types of accounts RRSP, RRIF, DPSP, RESP, RDSP and TFS (also see the Information Statement for more details on eligibility).

Dates

Issue Date:
01-Mar-2013
Maturity date:
01-Mar-2019
Note term:
6.0 years
Valuation Date:
22-Feb-2019

Price and Historical Values

Last Updated Date:
01-Mar-2019
Current Price:
$121.38
Current ETC:
$0.00
Price Net of ETC:
$121.38
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.

Note

On March 28, 2014, Loblaw Companies Limited announced that it has completed its acquisition of Shoppers Drug Mart Corporation triggering a substitution event in connection with the reference portfolio of the Deposit Notes as per the terms of the Information Statement relating to the Deposit Notes. As a result of such event, we hereby advise the Holders of the Deposit Notes that, as of April 1, 2014, the common shares of Shoppers Drug Mart Corporation have been replaced by the common shares of Loblaw Companies Limited as a reference share in the reference portfolio of the Deposit Notes in accordance with the terms and conditions of the Information Statement. As a result, all calculations in respect of the reference portfolio return that were based on the price of the common shares of Shoppers Drug Mart Corporation will be, from April 1, 2014 until maturity, based on the price of the common shares of Loblaw Companies Limited. Loblaw Companies Limited is a retail and wholesale food distributor with operations across Canada. Loblaw Companies Limited's operations include both company and franchisee operated stores, warehouses, and cash and carry outlets.

Legal Notice

Portfolio

CompanyInitial Value
BCE Inc.46.57
Bank of Nova Scotia61.13
Canadian Pacific Railway Ltd126.89
Cenovus Energy Inc.32.74
Enbridge Inc.45.89
33.42
Loblaw Companies Limited33.1699
Magna International Inc.28.51
Nutrien Ltd48.1166
Rogers Communications Inc. - Class B49.05
Royal Bank of Canada63.77
Shaw Communications Inc. - Class B24.48
Sun Life Financial Inc.28.35
Suncor Energy Inc.30.9
TransAlta Corporation15.44
TELUS Corporation35.43
Toronto-Dominion Bank42.51
Teck Resources Limited - Class B31.11
Thomson Reuters Corporation31.3676
TC Energy Corporation47.81