Low volatility Canadian market GIC (5-year), Series 11

Current price: $103.00
As of 31-Jul-2023

General Information

Issuer:
NBC
FundSERV Code:
NBC11514
ISM Code:
N4687Z
Ticker Symbol:
SPTXLVPR

Product Description

The Canadian Market Low Volatility GIC offers the growth potential linked to the performance of the S&P/TSX Composite Low Volatility Index all while ensuring 100% principal protection at maturity.

Highlights

  • 5-year term.
  • Linked to the S&P/TSX Composite Low Volatility Index.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation Factor: 125%
  • 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:
$103.00
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 Index421.82428.791.65%
Reference Portfolio Return2.40%
Basket Level1 016.524
Monthly Fixing TableIndex Level
01-May-231052.5110
01-Jun-231002.9160
24-Jul-231016.5240
Average Fixing Level1023.9837