Canadian Banks GIC - Advisors Category, Series 31

Current price: $114.39
As of 31-Jul-2023

General Information

Issuer:
NBC
FundSERV Code:
NBC11614
ISM Code:
N4687Q
Ticker Symbol:
BMO, BNS, CM, NA, RY, TD

Product Description

The Canadian Banks GIC offers the growth potential of a portfolio composed of the common shares of six Canadian banks (the “Reference Portfolio”) while providing you with 100% guaranteed capital at maturity.

Highlights

  • 5-year term.
  • Linked to Canadian Banks.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation Factor: 100%
  • Maximum: 40%.
  • Eligible for CDIC Deposit Insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • No secondary market.

Dates

Issue Date:
01-Aug-2018
Maturity date:
31-Jul-2023
Note term:
4.9 years
Valuation Date:
24-Jul-2023

Price and Historical Values

Last Updated Date:
31-Jul-2023
Current Price:
$114.39
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
Bank of Montreal102.96
Bank of Nova Scotia77.05
Canadian Imperial Bank of Commerce59.715
National Bank of Canada63.96
Royal Bank of Canada101.81
Toronto-Dominion Bank77.16
Monthly Fixing TableIndex Level
01-May-231161.5380
01-Jun-231094.5760
24-Jul-231175.5360
Average Fixing Level1143.8833