NBC Fixed Coupon Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian insurance companies, Class F, due on December 4, 2025

Current price: N/A
As of

General Information

Issuer:
NBC
FundSERV Code:
NBC25527
Ticker Symbol:
GWO, MFC, POW, SLF

Dates

Issue Date:
04-Dec-2020
Maturity date:
04-Dec-2025
Note term:
5.0 years
Valuation Date:
27-Nov-2025

Highlights

  • 5-year term.
  • Linked to Canadian insurance companies.
  • Guaranteed Coupon Payment: $4.60 p.a. paid semi-annually.
  • Participation Factor: 0%
  • Maturity Barrier: -50%.
  • If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1+ Variable Return]; or
  • If the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100; or
  • If the Reference Portfolio Return is negative and lower than the Barrier on the 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.
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Portfolio

CompanyInitial PriceCurrent PriceReturnWeighting
Manulife Financial Corporation0.0022.1340%
Sun Life Financial Inc.0.0057.6730%
Great-West Lifeco Inc.0.0030.2115%
Power Corporation of Canada0.0029.2415%
Reference Portfolio Return0.00%