NBC Marathon™ (Accelerator) with Lookback Bonus Note Securities (Maturity-Monitored Barrier) linked to the S&P/TSX Composite Low Volatility Index, due on June 21, 2024

Current price: $127.63
As of 21-Jun-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC25308
ISM Code:
V86509
Ticker Symbol:
S&P/TSX Composite Low Volatility Index

Highlights

  • 6-year term.
  • Linked to the S&P/TSX Composite Low Volatility Index.
  • Lookback factor: 2.05.
  • Acceleration factor: 2.05.
  • Maturity-Monitored Barrier: -30.00%, measured from the Initial Level.
  • Maturity Redemption Payment: The Maturity Redemption Payment per Note Security will be equal to the sum of the Marathon Payment and the Lookback Bonus.
  • Maturity Payment : 
  • (i) if the Reference Portfolio Return is positive on the Valuation Date, the Marathon Payment will be equal to $100 x [1 + (Acceleration Factor x Reference Portfolio Return)]; or
  • (ii) if the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Valuation Date, the Marathon Payment will be equal to $100; or
  • (iii) if the Reference Portfolio Return is negative and lower than the Barrier on the Valuation Date, the Marathon Payment will be equal to $100 x [1 + Reference Portfolio Return].
  • Lookback Bonus : 
  • (i) if the Reference Portfolio Return is positive on the Valuation Date, the Lookback Bonus will be equal to $100 x (Lookback Factor x the absolute value of the Lookback Return); or
  • (ii) 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 $100 x [Lookback Factor x (the absolute value of the Lookback Return + the Reference Portfolio Return)]; or
  • (iii) 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-Jun-2018
Maturity date:
21-Jun-2024
Note term:
6.0 years
Valuation Date:
18-Jun-2024

Price and Historical Values

Last Updated Date:
21-Jun-2024
Current Price:
$127.63
Current ETC:
$0.00
Price Net of ETC:
$127.63
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
S&P/TSX Composite Low Volatility Index422.58437.843.61%
Reference Portfolio Return3.61%
Basket Level437.840
Monthly Fixing Table
21-Jun-18422.5800
23-Jul-18439.5028
21-Aug-18425.6300
21-Sep-18421.4700
22-Oct-18400.4400
21-Nov-18404.0800
21-Dec-18380.8800
21-Jan-19407.3200
21-Feb-19421.7200
21-Mar-19429.5000
Minimum Fixing Level380.88