NBC Marathon™ (Accelerator) with Lookback Bonus Note Securities (No Barrier) linked to the American market, Class F, due on July 21, 2023

Current price: $186.76
As of 21-Jul-2023

General Information

Issuer:
NBC
FundSERV Code:
NBC2975
ISM Code:
V80420
Ticker Symbol:
XSP CT Equity

Highlights

  • 6-year term.
  • Linked to the units of the iShares® S&P 500 Index ETF CAD Hedged.
  • Lookback factor: 1.20
  • Participation factor: 120.00%.
  • No Barrier.
  • 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.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
21-Jul-2017
Maturity date:
21-Jul-2023
Note term:
6.0 years
Valuation Date:
18-Jul-2023

Price and Historical Values

Last Updated Date:
21-Jul-2023
Current Price:
$186.76
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 Value
iShares Core S&P 500 Index ETF CAD-Hedged28.16
Monthly Fixing Table
21-Jul-1728.1600
21-Aug-1727.7100
21-Sep-1728.5400
23-Oct-1729.3000
21-Nov-1729.7500
21-Dec-1730.7400
22-Jan-1832.1400
21-Feb-1830.6600
21-Mar-1830.8000
23-Apr-1830.2900
Minimum Fixing Level27.71