NBC Relay Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Global Equity Markets, Class F, due on June 17, 2024
3827
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC20511
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ISM Code:
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V86557
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Ticker Symbol:
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SX5E Index, XIU CT Equity, XSP CT Equity
Highlights
- 7-year term.
- Linked to the units of the iShares® S&P/TSX 60 Index ETF,
units of the iShares® Core S&P 500 Index ETF (CAD-Hedged) and to the Euro Stoxx 50® Index .
Potential Coupon Payments: Provided that the Lowest 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: -17.50%.
- Call Threshold: 10.00%.
- Potential Coupon Payments : $12.00 p. a. paid semi-annually.
- Call frequency: Semi-annually.
- Participation Factor: 0.00%.
- Maturity-Monitored Barrier: -20.00%.
If the Lowest Reference Asset 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 Lowest Reference Asset Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]. If the Note Securities are not automatically called and the Lowest Reference Asset 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. If the Note Securities are not automatically called and the Lowest Reference Asset Return is negative and lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Lowest Reference Asset Return]. - Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
- Daily secondary market available under normal market conditions.
Dates
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Issue Date:
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15-Jun-2018
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Maturity date:
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17-Jun-2024
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Note term:
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6.0 years
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Valuation Date:
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10-Jun-2024
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Call Val. Date 1:
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10-Dec-2018
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Call Val. Date 2:
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10-Jun-2019
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Call Val. Date 3:
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09-Dec-2019
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Call Val. Date 4:
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08-Jun-2020
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Call Val. Date 5:
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08-Dec-2020
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Call Val. Date 6:
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08-Jun-2021
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Call Val. Date 7:
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08-Dec-2021
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Call Val. Date 8:
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08-Jun-2022
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Call Val. Date 9:
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08-Dec-2022
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Call Val. Date 10:
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08-Jun-2023
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Call Val. Date 11:
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08-Dec-2023
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Price and Historical Values
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Last Updated Date:
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15-Jun-2021
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Current Price:
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$106.00
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Currency:
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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
Company | Initial Price | Final Price | Return | Weighting |
EURO STOXX 50 | 3505.02 | 4096.01 | 16.86% | 100% |
iShares® S&P/TSX 60 Index ETF | 24.19 | 30.24 | 25.01% | 100% |
iShares Core S&P 500 Index ETF CAD-Hedged | 31.62 | 45.61 | 44.24% | 100% |
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| | Reference Portfolio Return | 16.86% | |
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| | Call Threshold | 10.00% | |
Called on Jun 15, 2021 | | | | |
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