Global Equity GIC (2.5-year), Series 28

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC11733

Dates

Issue Date:
18-Sep-2019
Sales Period:
25-Jul-2019 - 11-Sep-2019
Maturity date:
17-Mar-2022
Note term:
2.5 years
Valuation Date:
10-Mar-2022

Product Description

The Global Equity GIC offers the growth potential linked to a portfolio of global equities all while ensuring 100% principal protection at maturity.

Highlights

  • 2.5-year term.
  • Linked to a Global Equity portfolio.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation factor: 100.00%.
  • Maximum Variable Return: 8.00%.
  • The Variable Interest is based on the return of the common shares of 20 Global companies and is calculated as follows: Variable Interest = Principal invested on the Issue Date x Reference Portfolio Return.
  • The Reference Portfolio Return is the arithmetic average of the Reference Share Return of each of the Reference Shares comprising the Reference Portfolio, subject to the Maximum Interest.
  • If the Reference Portfolio does not generate a positive price return over the term of the Global Equity GIC, the Global Equity GIC will not generate any Variable Interest and, in this case, no return will be paid.
  • Eligible for the CDIC deposit insurance.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • No secondary market.
Legal Notice

Portfolio

CompanyInitial ValueCurrent PriceReturn
BHP Billiton Ltd0.000.00000
Unilever NV0.000.00000
Cisco Systems, Inc.0.000.00000
Intel Corporation0.000.00000
Caterpillar0.000.00000
DowDuPont Inc0.000.00000
Ford0.000.00000
HP0.000.00000
JPMorgan Chase & Co.0.000.00000
3M Company0.000.00000
Pfizer0.000.00000
AT&T Inc.0.000.00000
BNP Paribas SA0.000.00000
TOTAL S.A.0.000.00000
Allianz SE0.000.00000
E.ON SE0.000.00000
Nestle SA0.000.00000
GlaxoSmithKline0.000.00000
Honda Motor Co Ltd0.000.00000
Mitsubishi Corp0.000.00000
Reference Portfolio Return
Basket Level
Monthly Fixing TableIndex Level
10-Mar-22
04-Jul-22
02-Aug-22
Average Fixing Level