NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the global gold sector, Class F, due on October 6, 2020

Current price: $105.56
As of 18-Jun-2019

General Information

Issuer:
NBC
FundSERV Code:
NBC20457
ISM Code:
V86333
Ticker Symbol:
XGD CT Equity

Dates

Issue Date:
09-Apr-2018
Maturity date:
06-Oct-2020
Note term:
2.5 years
Call Valuation Date 1:
01-Oct-2018
Call Valuation Date 2:
01-Apr-2019
Call Valuation Date 3:
30-Sep-2019
Call Valuation Date 4:
30-Mar-2020
Final Valuation Date:
29-Sep-2020

Highlights

  • 2.5-year term.
  • Linked to the units of the iShares® S&P/TSX Global Gold Index ETF.
  • Potential Coupon Payments: Provided that the Reference Asset Return is higher than the Coupon Payment Threshold on the applicable Coupon Payment Valuation Date, Holders will be entitled to receive a Coupon Payment on each Coupon Payment Date.
  • Coupon Payment Threshold: -27.50%
  • Call Threshold: 38.50%.
  • Potential Coupon Payment: $9.35 p.a. paid semi-annually.
  • Maturity Barrier: -27.50%.
  • 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].
  • 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 but equal to or 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:
18-Jun-2019
Current Price:
$105.56

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 Global Gold Index ETF11.5213.0213.02%100%
Reference Portfolio Return13.02%
Indicative Variable Interest0.00%
Barrier8.352
Call Threshold38.50%
Call Threshold Value15.9552