NBC S&P/TSX Composite Low Volatility with Low Point Deposit Notes, Series 53

Current price: $106.91
As of 18-Apr-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC26611
ISM Code:
V86801
Ticker Symbol:
S&P/TSX Composite Low Volatility Index

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-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).

Dates

Issue Date:
03-Oct-2018
Maturity date:
03-Oct-2024
Note term:
6.0 years
Valuation Date:
26-Sep-2024

Price and Historical Values

Last Updated Date:
18-Apr-2024
Current Price:
$106.91
Current ETC:
$0.00
Price Net of ETC:
$106.91
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 ValueCurrent PriceReturn
S&P/TSX Composite Low Volatility Index410.13431.885.30%
Reference Portfolio Return5.30%
Basket Level431.880
Indicative Variable Interest11.52%
Monthly Fixing Table
03-Oct-18410.1300
05-Nov-18401.0500
03-Dec-18408.0400
03-Jan-19384.6500
04-Feb-19411.8500
04-Mar-19425.9500
03-Apr-19433.6900
03-May-19431.3500
03-Jun-19433.1800
03-Jul-19437.0300
Minimum Fixing Level384.65