NBC Global Equity Flex GIC (2.5-year), Series 32, Advisors Category

Current price: $107.00
As of 09-Sep-2022

General Information

Issuer:
NBC
FundSERV Code:
NBC11737
ISM Code:
Z6291E
Ticker Symbol:
7267, 8058, ALV, BHP, BNP, CAT, CSCO, DD, EOAN, FP, F, GSK, HPQ, INTC, JPM, MMM, NESN, PFE, T, UNAT

Highlights

  • 2.5-year term.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation Factor: 100%
  • Maximum: 7%.
  • 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.

Dates

Issue Date:
11-Mar-2020
Maturity date:
09-Sep-2022
Note term:
2.5 years
Valuation Date:
01-Sep-2022

Price and Historical Values

Last Updated Date:
09-Sep-2022
Current Price:
$107.00
Current ETC:
$0.00
Price Net of ETC:
$107.00

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 November 16, 2020, Pfizer Inc. (NYSE: PFE) (“Pfizer”) completed the transaction to spin-off its Upjohn division and combine it with Mylan N.V. (Nasdaq: MYL) to form Viatris Inc. (Nasdaq: VTRS) (“Viatris”), triggering a Potential Adjustment Event as per the terms and conditions of the market-linked GICs in respect of the common shares of Pfizer, a Reference Share in the Reference Portfolio of the market-linked GICs. As stockholders received common shares of Viatris, they were sold and reinvested in common shares of Pfizer. As a result, the Initial Value of the common shares of Pfizer was adjusted as of the closing of the markets on November 16, 2020.

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.

Legal Notice

Portfolio

CompanyInitial ValueFinal PriceReturn
Honda Motor Co Ltd2508.003655.0000045.73%
Mitsubishi Corp2421.504400.0000081.71%
Allianz SE173.02166.22000-3.93%
BHP Group Ltd.25.3937.5100047.71%
BNP Paribas SA35.6645.9800028.94%
Caterpillar100.69182.4400081.19%
Cisco Systems, Inc.37.0545.2900022.24%
DowDuPont Inc36.6655.2300050.65%
E.ON SE9.688.51600-12.00%
Ford5.6115.19000170.65%
GlaxoSmithKline1540.251357.20000-11.88%
HP19.3628.1700045.51%
Intel Corporation51.6631.76000-38.52%
JPMorgan Chase & Co.95.96114.5100019.33%
3M Company147.24125.63000-14.68%
Nestle SA96.13112.9600017.51%
Pfizer30.5046.6300052.91%
TOTAL S.A.30.9750.2100062.15%
AT&T Inc.26.0517.50000-32.83%
Unilever NV46.0545.00000-2.28%
Reference Portfolio Return29.85%
Basket Level1 305.049
Monthly Fixing TableIndex Level
04-Jul-221298.5290
02-Aug-221337.9010
01-Sep-221298.4550
Average Fixing Level1311.6283