NBC Auto Callable Contingent ROC Note Securities (Maturity-Monitored Barrier) linked to the Canadian energy sector, due on August 12, 2019

Current price: $120.18
As of 13-Aug-2018

General Information

Issuer:
NBC
FundSERV Code:
NBC1945
ISM Code:
V79648
Ticker Symbol:
XEG

Dates

Issue Date:
12-Aug-2016
Maturity date:
12-Aug-2019
Note term:
3.0 years
Call Valuation Date 1:
04-Aug-2017
Call Valuation Date 2:
03-Aug-2018
Final Valuation Date:
02-Aug-2019

Highlights

  • 3-year term.
  • Linked to the units of the iShares S&P/TSX Capped Energy Index ETF.
  • Potential ROC Payments: Year 1: -10.00% for first $5.00 distribution, 0.00% thereafter ; Year 2: $20.00 : Year 3: $30.00
  • ROC Payment Threshold: -27.50%.
  • Call Threshold: 0.00%.
  • Participation Factor of 5%.
  • Barrier: -30.00%.
  • 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]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but equal to or 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 Reference Portfolio Return is negative and 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.

Price and Historical Values

Last Updated Date:
13-Aug-2018
Current Price:
$120.18

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 Capped Energy Index ETF12.5913.043.57%100%
Reference Portfolio Return3.57%
Barrier8.813
Call Threshold0.00%
Called on August 13, 2018Call Threshold Value12.59