Diversified GIC - Balanced, Series 76

Current price: $117.54
As of 19-Apr-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC11053
ISM Code:
N45785
Ticker Symbol:
7267, 8058, ABX, ALV, BCE, BHP, BMO, BNP, CCO, CM, CNR, CSGN, CVX, ENB, EOAN, FP, FTS, F, GSK, INTC, KO, L, MG, MSFT, NOVN, NTR, POW, RCI/B, SPB, RY, SAP, SIE, SJR/B, SU, IR, T, TRI, TRP, T, VZ

Highlights

  • 5-year term.
  • Linked to Diversified Balanced.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation Factor: 100%
  • Maximum: 31.29%.
  • Eligible for CDIC Deposit Insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • No secondary market.

Dates

Issue Date:
24-Apr-2019
Maturity date:
23-Apr-2024
Note term:
5.0 years
Valuation Date:
16-Apr-2024

Price and Historical Values

Last Updated Date:
19-Apr-2024
Current Price:
$117.54
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.

Note

On October 4, 2023, Novartis AG (SW: NOVN) (“NOVN”) completed its separation from Sandoz (SW: SDZ) (“SDZ”), resulting into two independent publicly traded companies. The spin-off was completed by the distribution of one share of SDZ’s common stock for every five shares of NOVN’s common stock held. This event triggered a Potential Adjustment Event in accordance with the terms and conditions of the market-linked GICs. As such, the Reference Share Initial Value of the common shares of NOVN was adjusted as of the closing of the markets on October 4, 2023.

On June 13, 2023, UBS Group AG (SW: UBSG) (“UBS”) completed its merger with Credit Suisse Group AG (SW: CSGN) (“Credit Suisse”). Accordingly, Credit Suisse’s shares were delisted from the SIX Swiss Exchange. This event triggered a Substitution Event in connection with the Reference Portfolio of the market-linked GICs as per the terms and conditions of the Information Statement. As such, we hereby advise the Holders of the market-linked GICs that the common shares of Credit Suisse have been replaced by the common shares of UBS as a Reference Asset in the Reference Portfolio of the market-linked GICs, in accordance with the terms and conditions of the Information Statement. As a result, all calculations in respect of the Reference Portfolio Return that were based on the price of the common shares of Credit Suisse are, from the closing of the markets on June 13, 2023, based on the price of the common shares of UBS.

On July 18, 2022, GSK PLC (LN: GSK) (“GSK”) separated its consumer healthcare business to form Haleon PLC (LN: HLN) (“Haleon”), an independent listed company. Following the spin-off, GSK completed the consolidation of its share capital, effective by the closing of the markets on the same day. These events triggered Potential Adjustment Events as per the terms and conditions of the market-linked GICs in respect of the common shares of GSK, a Reference Share in the Reference Portfolio of the market-linked GICs. As such, the Initial Value of the common shares of GSK was adjusted for the spin-off as of the opening of the markets on July 18, 2022, followed by an adjustment to reflect the consolidation at the closing of the markets on the same day.

On May 24, 2022, BHP Group Limited (ASE: BHP) (BHP) completed the spin-off of Woodside Energy Group Ltd (ASE: WDS) (Woodside) by the special distribution of one newly issued share of Woodside for every 5.5340 shares of BHP held. The spin-off occurred following the announcement of the merger of BHP with Woodside. This event triggered a Potential Adjustment Event as per the terms and conditions of the market-linked GICs in respect of the common shares of BHP, a Reference Share in the Reference Portfolio of the market-linked GICs. As such, the Initial Value of the common shares of BHP was adjusted as of the closing of the markets on May 24, 2022. On September 28, 2020, Siemens AG (Xetra: SIE) (Siemens) completed the spin-off of Siemens Energy AG (Xetra: ENR) triggering a Potential Adjustment Event as per the terms and conditions of the market-linked GICs in respect of the common shares of Siemens, a Reference Share in the Reference Portfolio of the market-linked GICs. As such, the Reference Share Initial Value of the common shares of Siemens was adjusted as of the closing of the markets on September 28, 2020. On April 5, 2022, AT&T Inc. (NYSE: T) (AT&T) completed the transaction to spin-off its WarnerMedia business. AT&T shareholders received common shares of Warner Bros. Discovery, Inc. (Nasdaq: WBD) (WBD). WBD is the result of the transaction to combine WarnerMedia with Discovery, Inc. (Nasdaq: DISCA, DICSB, DISCK). This event triggered a Potential Adjustment Event as per the terms and conditions of the market-linked GICs in respect of the common shares of AT&T, a Reference Share in the Reference Portfolio of the market-linked GICs. The Initial Value of the common shares of AT&T was adjusted accordingly as of the closing of the markets on April 11, 2022.


On April 4, 2023, Rogers Communications Inc. – Class B (TSX: RCI/B) (“Rogers”) completed its merger with Shaw Communications Inc. – Class B (TSX: SJR/B) (“Shaw”). Accordingly, Shaw’s shares were delisted from the Toronto Stock Exchange. This event triggered a Substitution Event in connection with the Reference Portfolio of the market-linked GICs as per the terms and conditions of the Information Statement. As such, we hereby advise the Holders of the market-linked GICs that the common shares of Shaw have been replaced by the common shares of Restaurant Brands International Inc. (TSX: QSR) (“RBI”) as a Reference Asset in the Reference Portfolio of the market-linked GICs, in accordance with the terms and conditions of the Information Statement. As a result, all calculations in respect of the Reference Portfolio Return that were based on the price of the common shares of Shaw are, from the closing of the markets on April 4, 2023, based on the price of the common shares of RBI.




Legal Notice

Portfolio

CompanyInitial ValueInitial FX RateFinal PriceFinal FX RateTotal ReturnWeightingsRankingPortfolio
Barrick Gold Corporation17.061.0022.781.0033.51%1.25%6Canadian Precision 10
BCE Inc.60.021.0044.541.00-25.79%1.25%19Canadian Precision 10
Bank of Montreal105.371.00125.931.0019.51%1.25%8Canadian Precision 10
Cameco Corp15.471.0066.571.00330.32%1.25%1Canadian Precision 10
Canadian Imperial Bank of Commerce55.451.0064.941.0017.13%1.25%9Canadian Precision 10
Canadian National Railway Company125.971.00175.881.0039.62%1.25%5Canadian Precision 10
Enbridge Inc.51.051.0045.551.00-10.77%1.25%14Canadian Precision 10
Fortis Inc.49.441.0051.321.003.80%1.25%12Canadian Precision 10
Loblaw Companies Limited64.881.00148.271.00128.53%1.25%3Canadian Precision 10
Magna International Inc.75.591.0067.401.00-10.83%1.25%15Canadian Precision 10
Nutrien Ltd71.441.0071.391.00-0.07%1.25%13Canadian Precision 10
Power Corporation of Canada30.971.0036.121.0016.63%1.25%11Canadian Precision 10
Restaurant Brands International Inc.58.991.0097.841.0065.85%1.25%4Canadian Precision 10
Rogers Communications Inc. - Class B66.201.0052.111.00-21.28%1.25%17Canadian Precision 10
Royal Bank of Canada105.461.00133.111.0026.22%1.25%7Canadian Precision 10
Saputo Inc.45.281.0025.661.00-43.33%1.25%20Canadian Precision 10
Suncor Energy Inc.44.341.0051.921.0017.10%1.25%10Canadian Precision 10
TELUS Corporation24.771.0021.681.00-12.47%1.25%16Canadian Precision 10
Thomson Reuters Corporation80.541.00210.451.00161.30%1.25%2Canadian Precision 10
TC Energy Corporation64.411.0048.601.00-24.55%1.25%18Canadian Precision 10
Reference Portfolio Return11.22%
CompanyInitial ValueInitial FX RateFinal PriceFinal FX RateTotal ReturnWeightingsRankingPortfolio
Honda Motor Co Ltd1031.301.001813.001.0075.80%1.50%4Global Precision 10
Mitsubishi Corp3025.001.003492.001.0015.44%1.50%14Global Precision 10
Allianz SE211.951.00259.001.0022.20%1.50%11Global Precision 10
BHP Group Ltd.34.011.0044.971.0032.21%1.50%8Global Precision 10
BNP Paribas SA47.151.0063.831.0035.38%1.50%6Global Precision 10
Chevron Corporation118.281.00156.281.0032.13%1.50%9Global Precision 10
E.ON SE9.601.0012.081.0025.74%1.50%10Global Precision 10
Ford8.971.0012.091.0034.73%1.50%7Global Precision 10
GlaxoSmithKline1558.251.001610.501.003.35%1.50%16Global Precision 10
Intel Corporation58.721.0036.261.00-38.25%1.50%19Global Precision 10
Coca-Cola Company47.981.0058.061.0021.01%1.50%12Global Precision 10
Microsoft125.011.00414.581.00231.64%1.50%1Global Precision 10
Novartis AG75.731.0085.001.0012.24%1.50%15Global Precision 10
Rio Tinto PLC4455.511.005254.001.0017.92%1.50%13Global Precision 10
Siemens AG96.331.00173.081.0079.67%1.50%3Global Precision 10
Schneider Electric SE76.421.00208.701.00173.10%1.50%2Global Precision 10
TOTAL S.A.49.191.0067.251.0036.72%1.50%5Global Precision 10
AT&T Inc.23.241.0016.091.00-30.76%1.50%18Global Precision 10
UBS Group AG272.311.0025.531.00-90.62%1.50%20Global Precision 10
Verizon57.081.0039.771.00-30.33%1.50%17Global Precision 10
Reference Portfolio Return24.90%