NBC Auto Callable Contingent ROC Note Securities (Maturity- Monitored Barrier) linked to the Canadian energy sector, Class F, due on August 19, 2019

Current price: $85.51
As of 14-Feb-2019

General Information

Issuer:
NBC
FundSERV Code:
NBC1947
ISM Code:
V79663
Ticker Symbol:
XEG

Dates

Issue Date:
18-Aug-2016
Maturity date:
19-Aug-2019
Note term:
3.0 years
Call Date 1:
18-Aug-2017
Call Date 2:
20-Aug-2018
Call Valuation Date 1:
11-Aug-2017
Call Valuation Date 2:
13-Aug-2018
Final Valuation Date:
12-Aug-2019

Highlights

  • 3-year term.
  • Linked to the units of the iShares S&P/TSX Capped Energy Index ETF.
  • ROC Payment Threshold: -15.00% for first $7.00 distribution, 0.00% thereafter
  • Potential ROC Payments: Year 1: $7.00 if greater than ROC Payment Threshold of -15.00%, Additional $6.00 if greater than ROC Payment Threshold of 0.00%  ; Year 2: $22.00 : Year 3: $33.00
  • Call Threshold: 0.00%.
  • Call Frequency: Annually
  • 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:
14-Feb-2019
Current Price:
$85.51

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 PriceCurrent PriceReturnWeighting
iShares S&P/TSX Capped Energy Index ETF12.839.61-25.10%100%
Reference Portfolio Return-25.10%
Indicative Variable Interest0.00%
Barrier8.981
Call Threshold0.00%
Call Threshold Value12.83