NBC S&P/TSX Composite Low Volatility with Low Point Deposit Notes, Series 51

Current price: $96.31
As of 16-Oct-2018

General Information

Issuer:
NBC
FundSERV Code:
NBC26598
ISM Code:
V86651
Ticker Symbol:
S&P/TSX Composite Low Volatility Index

Dates

Issue Date:
16-Aug-2018
Maturity date:
18-Feb-2025
Note term:
6.5 years
Valuation Date:
10-Feb-2025

Product Description

The NBC S&P/TSX Composite Low Volatility Index Deposit Notes 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

  • 6.5-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: 100.00%.
  • The Deposits aim to provide you with a return at maturity linked to the performance of the S&P/TSX Composite Low Volatility Index.
  • The Reference Asset Return is a price return and will not take into account dividends and/or distributions paid on account of the Reference Assets or by the issuers or constituents of the Reference Assets, as applicable.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is maintained subject to availability. A Holder who sells Deposits prior to maturity may receive less than the Principal Amount per Deposit.
  • $1,000 minimum subscription (10 Deposits).

Price and Historical Values

Last Updated Date:
16-Oct-2018
Current Price:
$96.31
Current ETC:
$4.00
Price Net of ETC:
$92.31

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 ValueCurrent PriceReturn
S&P/TSX Composite Low Volatility Index425.34398.13-6.40%
Reference Portfolio Return-6.40%
Basket Level936.028
Indicative Variable Interest0.00%
Monthly Fixing Table
16-Aug-181000.0000
17-Sep-18988.7854
16-Oct-18
16-Nov-18
17-Dec-18
16-Jan-19
19-Feb-19
18-Mar-19
16-Apr-19
16-May-19
Minimum Fixing Level988.79