Canadian Advantage 8 (5 years) GIC S10, Advisors Category

Current price: $111.85
As of 01-Nov-2018

General Information

Issuer:
NBC
FundSERV Code:
NBC2117
ISM Code:
V97333

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 40%, regardless of the actual price return realized. The remaining 12 Reference Shares will be assigned their actual price returns.

Highlights

  • 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 the common shares of 20 Canadian companies included in the Reference Portfolio.
  • The Reference Portfolio Return is an arithmetic average 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 40%, for the purpose of such calculation, notwithstanding the actual price return. The remaining twelve Reference Shares will be assigned their actual price returns.
  • 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.
  • No secondary market.
  • Exposure to a diversified portfolio of Canadian equities, allowing for the potential of a higher return than conventional fixed-rate GICs.

Dates

Issue Date:
04-Nov-2013
Maturity date:
01-Nov-2018
Note term:
5.0 years
Valuation Date:
25-Oct-2018

Price and Historical Values

Last Updated Date:
01-Nov-2018
Current Price:
$111.85
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
BCE Inc.45.3952.4415.53%12
Bank of Nova Scotia63.3870.1410.67%13
Canadian Pacific Railway Ltd151.84256.5068.93%1
Cenovus Energy Inc.30.4511.10-63.55%20
Enbridge Inc.45.4740.79-10.29%16
Goldcorp Inc.26.0911.09-57.49%19
Loblaw Companies Limited47.8364.9635.81%8
Magna International Inc.44.5862.8140.89%6
Nutrien Ltd41.376767.0762.10%2
Rogers Communications Inc. - Class B47.2867.5142.79%5
Royal Bank of Canada70.3194.7334.73%9
Shaw Communications Inc. - Class B24.8924.42-1.89%15
Sun Life Financial Inc.35.348.1536.40%7
Suncor Energy Inc.36.6343.9820.07%11
TELUS Corporation36.2345.4025.31%10
TransAlta Corporation14.137.10-49.75%18
Toronto-Dominion Bank47.8372.4451.45%4
Teck Resources Limited - Class B28.5724.83-13.09%17
Thomson Reuters Corporation39.4860.6853.70%3
TransCanada Corporation46.8950.066.76%14
Reference Portfolio Return11.91%
Basket Level1 154.537