American Market GIC, Series 2

Current price: N/A
As of 18-Mar-2019

General Information

Issuer:
NBC
FundSERV Code:
NBC11761
ISM Code:
N45790
Ticker Symbol:
CAT UN Equity, COST UW Equity, CVX UN Equity, DWDP UN Equity, HD UN Equity, IBM UN Equity, INTC UW Equity, JPM UN Equity, KO UN Equity, MCD UN Equity, MET UN Equity, PEP UW Equity, PFE UN Equity, PG UN Equity, T UN Equity, UPS UN Equity, VZ UN Equity, WFC

Dates

Issue Date:
24-Apr-2019
Sales Period:
07-Mar-2019 - 17-Apr-2019
Maturity date:
23-Apr-2024
Note term:
5.0 years
Valuation Date:
16-Apr-2024

Highlights

  • 5-year term.
  • Linked to a portfolio of American companies.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation factor: 100.00%.
  • Maximum: 30.00%.
  • The American Market GIC offers the growth potential of an American diversified equity portfolio (the “Reference Portfolio”) while ensuring peace of mind due to capital protection at maturity.
  • Eligible for the CDIC deposit insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • No secondary market.
Legal Notice

Portfolio

CompanyInitial ValueCurrent PriceReturn
SPDR S&P 500274.38282.332.90%
Reference Portfolio Return2.90%
Basket Level1 028.974
Indicative Variable Interest2.90%