NBC Marathon™ (Accelerator) with Lookback Bonus Note Securities (No Barrier) linked to the American market, due on December 18, 2024

Current price: $188.58
As of 02-Jul-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC25304
ISM Code:
V80897
Ticker Symbol:
XSP

Highlights

  • 7-year term.
  • Linked to the units of the iShares® Core S&P 500 Index ETF (CAD-Hedged).
  • Acceleration Factor: 1.05.
  • Lookback Factor: 1.05.
  • 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.
  • A daily secondary market is available under normal market condition.

Dates

Issue Date:
18-Dec-2017
Maturity date:
18-Dec-2024
Note term:
7.0 years
Valuation Date:
13-Dec-2024

Price and Historical Values

Last Updated Date:
02-Jul-2024
Current Price:
$188.58
Current ETC:
$0.00
Price Net of ETC:
$188.58
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 ValueCurrent PriceReturn
iShares Core S&P 500 Index ETF CAD-Hedged30.8357.5786.73%
Reference Portfolio Return86.73%
Basket Level57.570
Indicative Variable Interest91.48%
Monthly Fixing Table
18-Dec-1730.8300
18-Jan-1831.7600
20-Feb-1830.8200
19-Mar-1830.7800
18-Apr-1830.7100
18-May-1830.9600
18-Jun-1831.5400
18-Jul-1831.7600
20-Aug-1832.2550
18-Sep-1832.8300
Minimum Fixing Level30.71