Product Description
The Deposit Notes provide a return at the 8.5-year term maturity that is linked to the price performance, converted into Canadian dollars, of a notional reference portfolio composed of the common shares of 20 international companies. On the Maturity Payment Date, Holders will be entitled to receive, in respect of each Deposit Note held, repayment of their initial deposit amount, being $100 per Deposit Note (the “Initial Deposit Amount”). In addition, depending on the performance of the Reference Portfolio at maturity, Holders will be entitled to receive on the Maturity Payment Date a Variable Return.