NBC Canadian Market Low Volatility Flex GIC, series 49

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC26840
ISM Code:
Z6332V
Ticker Symbol:
SPTXLVPR

Dates

Issue Date:
15-Apr-2020
Maturity date:
15-Apr-2027
Note term:
7.0 years
Valuation Date:
08-Apr-2027

Product Description

The NBC S&P/TSX Composite Low Volatility Index Deposit Notes 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

  • 7-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: 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 Index0382.10
Reference Portfolio Return0.00%
Basket Level