Systematic Maximum Allocation of Return (SMART) Deposit NotesTM, Series 10

Current price: $102.01
As of 17-Apr-2019

General Information

Issuer:
NBC
FundSERV Code:
NBC26629
ISM Code:
V86979

Dates

Issue Date:
16-Nov-2018
Maturity date:
18-Nov-2024
Note term:
6.0 years
Valuation Date:
08-Nov-2024

Product Description

The NBC Systematic Maximum Allocation of ReTurn (SMART) Deposit NotesTM, Series 10 are issued by National Bank of Canada. The Principal Amount of your Deposit is fully guaranteed at maturity by the Bank. The Deposits aim to provide you with a return at maturity which is based on the greatest appreciation, if any, in the values of the two following notional Reference Portfolios: Reference Portfolio A Moderate and Reference Portfolio B Growth.

Highlights

  • 6-year term.
  • Linked to Smart.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation factor: 100.00%.
  • 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:
17-Apr-2019
Current Price:
$102.01
Current ETC:
$2.80
Price Net of ETC:
$99.21

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 PriceTotal ReturnWeightingsPortfolio
iShares Core Canadian Universe Bond Index ETF30.1331.143.35%28.00%Growth
iShares® S&P/TSX 6022.9024.969.00%26.00%Growth
iShares Core S&P 500 Index ETF CAD- Hedged30.9732.404.62%26.00%Growth
BMO MSCI EAFE Hedged to CAD Index ETF20.4421.645.87%13.00%Growth
BMO High Yield US Corporate Bond Hedged to CAD Index ETF13.3013.813.83%3.50%Growth
BMO Laddered Preferred Share Index ETF10.9910.23-6.92%3.50%Growth
Reference Portfolio Return5.13%
CompanyInitial ValueFinal PriceTotal ReturnWeightingsPortfolio
iShares Core Canadian Universe Bond Index ETF30.1331.143.35%48.00%Moderate
iShares® S&P/TSX 6022.9024.969.00%16.00%Moderate
iShares Core S&P 500 Index ETF CAD- Hedged30.9732.404.62%16.00%Moderate
BMO MSCI EAFE Hedged to CAD Index ETF20.4421.645.87%8.00%Moderate
BMO High Yield US Corporate Bond Hedged to CAD Index ETF13.3013.813.83%6.00%Moderate
BMO Laddered Preferred Share Index ETF10.9910.23-6.92%6.00%Moderate
Reference Portfolio Return4.07%
Highest Reference Portfolio Return5.13%
Basket Level1 051.336
Indicative Variable Interest3.83%