NBC Marathon™ (Accelerator) with Lookback Bonus Note Securities (Maturity-Monitored Barrier) linked to the S&P/TSX Composite Low Volatility Index, due on January 10, 2025

Current price: $105.06
As of 21-Mar-2019

General Information

Issuer:
NBC
FundSERV Code:
NBC25012
ISM Code:
V49042
Ticker Symbol:
SPTXLVPR Index

Dates

Issue Date:
10-Jan-2019
Maturity date:
10-Jan-2025
Note term:
6.0 years
Valuation Date:
07-Jan-2025

Highlights

  • 6-year term.
  • Linked to the units of S&P/TSX Composite Low Volatility Index.
  • Acceleration Factor: 2.75.
  • Lookback Factor: 2.75.
  • Barrier: -25.00%, measured from the initial level.
  • Maturity Redemption Payment : If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + (Acceleration Factor x Reference Portfolio Return) + (Lookback Factor x Lookback Bonus)]; or
  • If the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1+ (Lookback Factor x Lookback Bonus)]; or
  • If the Reference Portfolio Return is negative and lower than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Reference Portfolio Return + (Lookback Factor x Lookback Bonus)].
  • Lookback Bonus : If the Reference Portfolio Return is positive on the Valuation Date, the Lookback Bonus will be equal to the absolute value of the Lookback Return; or
  • If the Reference Portfolio Return is nil or negative on the Valuation Date but greater than the Lookback Return, the Lookback Bonus will be equal to the Reference Portfolio Return minus the Lookback Return; or
  • If the Reference Portfolio Return is nil or negative on the Valuation Date and less than or equal to the Lookback Return, the Lookback Bonus will be equal to zero.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is available under normal market condition.

Price and Historical Values

Last Updated Date:
21-Mar-2019
Current Price:
$105.06
Current ETC:
$4.00
Price Net of ETC:
$101.06

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 PriceCurrent PriceReturn
S&P/TSX Composite Low Volatility Index398.68429.497.73%
Reference Portfolio Return7.73%
Indicative Variable Interest21.25%
Barrier299.01
Monthly Fixing Table
10-Jan-191000.0000
11-Feb-191045.4751
11-Mar-191073.0912
10-Apr-19
10-Apr-19
10-May-19
10-Jun-19
10-Jul-19
12-Aug-19
10-Sep-19
Minimum Fixing Level1000.0000