NBC Canadian Market Low Volatility with Low Point Flex GIC, series 17

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC26825
ISM Code:
Z6227S
Ticker Symbol:
SPTXLVPR

Dates

Issue Date:
06-Mar-2020
Sales Period:
14-Feb-2020 - 02-Mar-2020
Maturity date:
06-Mar-2026
Note term:
6.0 years
Valuation Date:
27-Feb-2026

Highlights

  • 6-year term.
  • Linked to the S&P/TSX Composite Low Volatility Index.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Return from low point over first 6 months (observed daily)
  • Participation Factor: 100%
  • 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.
Legal Notice

Portfolio

CompanyInitial ValueCurrent PriceReturn
S&P/TSX Composite Low Volatility Index0478.70
Reference Portfolio Return0.00%
Basket Level
Lowest Observed Level
08-Sep-20