NBC American market Capped Inverse Participation Deposit Notes, Series 6F

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC26641
ISM Code:
V87967
Ticker Symbol:
XSP CT Equity

Dates

Issue Date:
19-Nov-2018
Maturity date:
19-Nov-2020
Note term:
2.0 years
Valuation Date:
12-Nov-2020

Highlights

  • 2-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%.
  • 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).
  • The maximum amount of Variable Return that may be payable will be 30.00%.
  • If the Reference Portfolio Decline is greater than the Capped Decline Threshold, the Variable Return will be capped at 4.00%.
  • 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).
Legal Notice

Portfolio

CompanyInitial ValueCurrent PriceReturn
iShares Core S&P 500 Index ETF CAD- Hedged00.00
Reference Portfolio Return0.00%
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