Canadian Advantage 8 GIC (3.5 years) S33, Advisors Category

Current price: $111.39
As of 03-May-2017

General Information

Issuer:
NBC
FundSERV Code:
NBC2143
ISM Code:
V98647

Product Description

The Canadian Advantage 8 GIC offers the growth potential of a Canadian diversified equity portfolio all while ensuring 100% principal protection at maturity. The 8 Reference Shares with the highest price returns are automatically assigned a fixed return of 20%, regardless of the actual price return realized. The remaining 12 Reference Shares will be assigned their actual price returns.

Highlights

  • 3.5-year term (non-redeemable).
  • Principal invested on the Issue Date is 100% protected at maturity.
  • Eligible for deposit insurance offered by CDIC.
  • Variable Interest payable at maturity is based on the price return of a Reference Portfolio compounded of the common shares of 20 Canadian companies.
  • The Reference Portfolio Return is an arithmetic average (expressed as a percentage and rounded to two decimal places) of the price return of the Reference Shares over the period starting on the Issue Date of the Canadian Advantage 8 GIC and ending on the Valuation Date, where each of the eight Reference Shares with the highest price return will be allocated a fixed return of 20%, for the purpose of such calculation, notwithstanding the actual price return.
  • If the Reference Portfolio does not generate a positive price return at maturity, the Canadian Advantage 8 GIC will not generate any Variable Interest and, in this case, no return will be paid.
  • Maximum Variable Interest at maturity: 20% (equal to a compounded annual rate of return of 5.35%).
  • No Secondary Market.
  • Exposure to a diversified portfolio of Canadian equities, allowing for higher potential return than conventional fixed-rate GICs.

Dates

Issue Date:
04-Nov-2013
Maturity date:
03-May-2017
Note term:
3.5 years
Valuation Date:
26-Apr-2017

Price and Historical Values

Last Updated Date:
03-May-2017
Current Price:
$111.39
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 ValueFinal PriceReturnSecurity Ranking
Agrium Inc92.27126.4036.99%6
BCE Inc45.3962.7038.14%4
Bank of Nova Scotia/The63.3877.4122.14%14
Canadian Pacific Railway Ltd151.84207.7236.80%7
Cenovus Energy Inc30.4514.01-53.99%20
Enbridge Inc45.4756.6924.68%13
Goldcorp Inc26.0919.72-24.42%18
Loblaw Cos Ltd47.8375.7058.27%1
Magna International Inc44.5855.6124.74%12
Rogers Communications Inc47.2862.7932.80%10
Royal Bank of Canada70.3195.4735.78%8
Shaw Communications Inc24.8928.8916.07%15
Sun Life Financial Inc35.349.0638.98%3
Suncor Energy Inc36.6341.6313.65%16
TELUS Corp36.2345.3525.17%11
TransAlta Corp14.137.03-50.25%19
Toronto-Dominion Bank/The47.83565.7737.49%5
Teck Resources Ltd28.5728.971.40%17
Thomson Reuters Corp39.4858.5748.35%2
TransCanada Corp46.8963.6535.74%9
Reference Portfolio Return11.39%
Basket Level1 113.871
Indicative Variable Interest11.39%