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: $129.42
As of 02-Jul-2024

General Information

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

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.

Dates

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

Price and Historical Values

Last Updated Date:
02-Jul-2024
Current Price:
$129.42
Current ETC:
$0.00
Price Net of ETC:
$129.42
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 ValueCurrent PriceReturn
S&P/TSX Composite Low Volatility Index398.68445.0211.62%
Reference Portfolio Return11.62%
Basket Level445.020
Indicative Variable Interest31.96%
Monthly Fixing Table
10-Jan-19398.6800
11-Feb-19416.8100
11-Mar-19427.8200
10-Apr-19433.6400
10-May-19432.2900
10-Jun-19438.6800
10-Jul-19441.2500
12-Aug-19436.1900
10-Sep-19444.1802
10-Oct-19457.1301
Minimum Fixing Level398.68