NBC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to the EURO STOXX 50® Index, Class F, due on June 1, 2023

Current price: $94.07
As of 15-Oct-2018

General Information

Issuer:
NBC
FundSERV Code:
NBC23160
ISM Code:
V86443
Ticker Symbol:
SX5E Index

Dates

Issue Date:
01-Jun-2018
Maturity date:
01-Jun-2023
Note term:
5.0 years
Call Date 1:
03-Jun-2019
Call Date 2:
01-Jun-2020
Call Date 3:
01-Jun-2021
Call Date 4:
01-Jun-2022
Call Valuation Date 1:
27-May-2019
Call Valuation Date 2:
25-May-2020
Call Valuation Date 3:
25-May-2021
Call Valuation Date 4:
25-May-2022
Final Valuation Date:
25-May-2023

Highlights

  • 5-year term.
  • Linked to the EURO STOXX 50® Index.
  • Potential fixed Return applicable to the Call Valuation Dates if the Reference Portfolio Return is higher than the Call Threshold: Year 1: 9.00%, Year 2: 15.00%, Year 3: 20.00%, Year 4: 25.00%, Year 5: 30.00%
  • Variable Return is applicable where the Reference Portfolio Return is greater than the Fixed Return applicable to the given Call Valuation Date or Final Valuation Date, and the Variable Return will be equal to the product of (i) the Participation Factor and (ii) the amount by which the Reference Portfolio Return exceeds such Fixed Return.
  • Call Threshold: Year 1: -10.00%, Year 2: 0.00%, Year 3: 0.00%, Year 4: 0.00%, Year 5: 0.00%.
  • Participation factor: 5.00%.
  • Maturity Barrier: -25.00%.
  • 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 + Fixed Return applicable to the given Call Valuation Date + Variable Return]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is higher than the Call Threshold on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Fixed Return applicable to the Final Valuation Date + Variable Return]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is equal to or lower than the Call Threshold 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 lower than the Call Threshold and is 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:
15-Oct-2018
Current Price:
$94.07

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
EURO STOXX 503453.543210.37-7.04%100%
Reference Portfolio Return-7.04%
Indicative Variable Interest9.00%
Barrier2590.155
Call Threshold-10.00%