Low volatility Canadian market GIC (3-year), Series 17

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC11553
ISM Code:
N45787
Ticker Symbol:
SPTXLVPR Index

Dates

Issue Date:
24-Apr-2019
Sales Period:
07-Mar-2019 - 17-Apr-2019
Maturity date:
22-Apr-2022
Note term:
3.0 years
Valuation Date:
13-Apr-2022

Highlights

  • 3-year term.
  • Linked to the S&P/TSX Composite Low Volatility Index.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation factor: 80.00%.
  • Variable Interest, if any, will be calculated at maturity based on the price performance of the Reference Portfolio including the Reference Index multiplied by the Participation Factor.
  • The Reference Portfolio Return is equal to the sum of the weighed Reference Asset Return of each of the Reference Assets comprising the Reference Portfolio.
  • If the Reference Portfolio does not generate a positive price return over the term of the Canadian Market Low Volatility GIC, it will generate no Variable Interest and no return will be made.
  • Eligible for the CDIC deposit insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • No secondary market.
Legal Notice

Portfolio

CompanyInitial ValueCurrent PriceReturn
S&P/TSX Composite Low Volatility Index00.00
Reference Portfolio Return0.00%
Basket Level
Monthly Fixing TableIndex Level
01-Feb-22
01-Mar-22
13-Apr-22
Average Fixing Level