NBC Auto Callable Contingent ROC Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, Class F, due on September 9, 2026
4776
General Information
-
-
-
Issuer:
-
NBC
-
FundSERV Code:
-
NBC20847
-
ISM Code:
-
V45520
-
Ticker Symbol:
-
XIU CT Equity
Highlights
- 7-year term.
- Linked to the units of the iShares® S&P/TSX 60 Index ETF.
- Potential ROC Payments: provided that the reference portfolio return is equal to or higher than the ROC Payment Threshold on the applicable ROC Payment Valuation Date, Holders will be entitled to receive a ROC Payment on each ROC Payment date.
- ROC Payment Threshold: -30%
- Call threshold: 10%.
- Potential ROC Payment: $6.00 p.a. paid semi-annually.
- Participation factor: 5%
- Barrière à l’échéance: -30%.
- If the Reference Portfolio Return is equal to or higher than the Call Threshold on a Call Valuation Date, the Note Securities will be automatically called on the applicable Call Date and the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
- If the Note Securities are not automatically called and the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
- If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100; or
- If the Note Securities are not automatically called and the Reference Portfolio Return is negative and lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Reference Portfolio Return].
- Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
- Daily secondary market available under normal market conditions.
Dates
-
Issue Date:
-
09-Sep-2019
-
Maturity date:
-
09-Sep-2026
-
Note term:
-
7.0 years
-
Call Date 1:
-
09-Mar-2020
-
Call Date 2:
-
09-Sep-2020
-
Call Date 3:
-
09-Mar-2021
-
Call Date 4:
-
09-Sep-2021
-
Call Date 5:
-
09-Mar-2022
-
Call Date 6:
-
09-Sep-2022
-
Call Date 7:
-
09-Mar-2023
-
Call Date 8:
-
11-Sep-2023
-
Call Date 9:
-
11-Mar-2024
-
Call Date 10:
-
09-Sep-2024
-
Call Date 11:
-
10-Mar-2025
-
Call Date 12:
-
09-Sep-2025
-
Call Date 13:
-
09-Mar-2026
-
-
-
Call Val. Date 1:
-
02-Mar-2020
-
Call Val. Date 2:
-
01-Sep-2020
-
Call Val. Date 3:
-
02-Mar-2021
-
Call Val. Date 4:
-
01-Sep-2021
-
Call Val. Date 5:
-
02-Mar-2022
-
Call Val. Date 6:
-
01-Sep-2022
-
Call Val. Date 7:
-
02-Mar-2023
-
Call Val. Date 8:
-
01-Sep-2023
-
Call Val. Date 9:
-
04-Mar-2024
-
Call Val. Date 10:
-
30-Aug-2024
-
Call Val. Date 11:
-
03-Mar-2025
-
Call Val. Date 12:
-
02-Sep-2025
-
Call Val. Date 13:
-
02-Mar-2026
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Final Valuation Date:
-
01-Sep-2026
-
-
Price and Historical Values
-
Last Updated Date:
-
09-Mar-2021
-
Current Price:
-
$103.58
-
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
| Company | Initial Price | Final Price | Return | Weighting |
|---|
| iShares® S&P/TSX 60 Index ETF | 24.76 | 27.62 | 11.55% | 100% |
| | | | |
| | Reference Portfolio Return | 11.55% | |
|---|
| | | | |
| | Barrier | 17.332 | |
|---|
| | Call Threshold | 10.00% | |
| Called on Mar 09, 2021 | | Call Threshold Value | 27.236 | |
|