NBC American market Capped Inverse Participation Deposit Notes, Series 5

Current price: $99.97
As of 21-Jan-2019

General Information

Issuer:
NBC
FundSERV Code:
NBC26634
ISM Code:
V86987
Ticker Symbol:
XSP CT Equity

Dates

Issue Date:
19-Nov-2018
Maturity date:
19-May-2021
Note term:
2.5 years
Valuation Date:
12-May-2021

Highlights

  • 2.5-year term.
  • Linked to the units of the iShares® S&P 500 Index ETF CAD Hedged.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation factor: 100.00%.
  • Maximum Interest at maturity: 20.00%
  • The Deposits aim to provide you with a return at maturity linked to the inverse performance of the units of the iShares® Core S&P 500 Index ETF (CAD Hedged).
  • 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:
21-Jan-2019
Current Price:
$99.97
Current ETC:
$1.26
Price Net of ETC:
$98.71

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
iShares Core S&P 500 Index ETF CAD- Hedged30.4429.72-2.37%
Reference Portfolio Return2.37%
Basket Level976.347
Indicative Variable Interest2.37%