Low volatility Canadian market GIC (5-year), Series 13

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC11516
Ticker Symbol:
SPTXLVPR Index

Dates

Issue Date:
07-Nov-2018
Maturity date:
06-Nov-2023
Note term:
5.0 years
Valuation Date:
30-Oct-2023

Highlights

  • 3 years or 5 years term
  • Linked to the S&P/TSX Composite Low Volatility Index.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation factor: 120.00%.
  • Variable Interest, if any, will be calculated at maturity based on the price performance of the Reference Portfolio including the Reference Index multiplied by the Participation Factor.
  • The Reference Portfolio Return is equal to the sum of the weighed Reference Asset Return of each of the Reference Assets comprising the Reference Portfolio.
  • If the Reference Portfolio does not generate a positive price return over the term of the Canadian Market Low Volatility GIC, it will generate no Variable Interest and no return will be made.
  • Eligible for the CDIC deposit insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • No secondary market.

Price and Historical Values

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.

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