NBC Marathon™ (Accelerator) with Lookback Bonus Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on July 4, 2023

Current price: $155.73
As of 04-Jul-2023

General Information

Issuer:
NBC
FundSERV Code:
NBC2970
ISM Code:
V80352
Ticker Symbol:
XIU

Highlights

  • 6-year term.
  • Linked to the units of the iShares® S&P/TSX 60 Index ETF.
  • Acceleration Factor: 1.55.
  • Lookback Factor: 1.55.
  • Barrier:-25.00%, measured from the initial level.
  • Maturity Redemption Payment : If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + (Acceleration Factor x Reference Portfolio Return) + (Lookback Factor x Lookback Bonus)]; or
  • If the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1+ (Lookback Factor x Lookback Bonus)]; or
  • If the Reference Portfolio Return is negative and lower than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Reference Portfolio Return + (Lookback Factor x Lookback Bonus)].
  • Lookback Bonus : If the Reference Portfolio Return is positive on the Valuation Date, the Lookback Bonus will be equal to the absolute value of the Lookback Return; or
  • If the Reference Portfolio Return is nil or negative on the Valuation Date but greater than the Lookback Return, the Lookback Bonus will be equal to the Reference Portfolio Return minus the Lookback Return; or
  • If the Reference Portfolio Return is nil or negative on the Valuation Date and less than or equal to the Lookback Return, the Lookback Bonus will be equal to zero.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is available under normal market condition.

Dates

Issue Date:
04-Jul-2017
Maturity date:
04-Jul-2023
Note term:
6.0 years
Valuation Date:
28-Jun-2023

Price and Historical Values

Last Updated Date:
04-Jul-2023
Current Price:
$155.73
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
iShares® S&P/TSX 60 Index ETF22.3930.2134.93%
Reference Portfolio Return34.93%
Basket Level30.210
Monthly Fixing Table
04-Jul-1722.3900
04-Aug-1722.6900
05-Sep-1722.1600
04-Oct-1723.3200
06-Nov-1723.9400
04-Dec-1723.7650
04-Jan-1824.4900
05-Feb-1822.8200
05-Mar-1823.0500
04-Apr-1822.5400
Minimum Fixing Level22.16