Low volatility Canadian market Flex GIC (5-year), Series 20

Current price: $102.47
As of 18-Nov-2019

General Information

Issuer:
NBC
FundSERV Code:
NBC11523
ISM Code:
Z5105D
Ticker Symbol:
SPTXLVPR Index

Dates

Issue Date:
18-Sep-2019
Maturity date:
17-Sep-2024
Note term:
5.0 years
Valuation Date:
10-Sep-2024

Product Description

The Canadian Market Low Volatility GIC offers the growth potential linked to the performance of the S&P/TSX Composite Low Volatility Index all while ensuring 100% principal protection at maturity.

Highlights

  • 5-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: 115%
  • Eligible for CDIC Deposit Insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Can be sold back to the Bank on a daily basis subject to normal market conditions. An investor who sells the Deposit prior to maturity may receive less than the Principal Amount per Deposit.

Price and Historical Values

Last Updated Date:
18-Nov-2019
Current Price:
$102.47
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 Index452.03461.752.15%
Reference Portfolio Return2.15%
Basket Level1 021.503
Indicative Variable Interest2.47%
Monthly Fixing TableIndex Level
02-Jul-24
01-Aug-24
10-Sep-24
Average Fixing Level