NBC Barrier Booster Note Securities (Maturity-Monitored Barrier) linked to a portfolio of Canadian banks, Class F, due on February 3, 2025
6430
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC25039
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ISM Code:
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V451X8
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Ticker Symbol:
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BMO, BNS, CM, RY, TD
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Highlights
- 4-year term.
- Linked to Canadian banks.
- Booster Return: 45.75%
- Participation Factor: 200%
- Variable Return Threshold: 45.75%
- Maturity Barrier: -25%.
- If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Bonus Return + Variable Return].
- If the Reference Portfolio Return is nil or negative but higher than the Barrier on the Valuation Date, the Maturity Redemption Payment will be equal to $100.
- 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.
Dates
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Issue Date:
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03-Feb-2021
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Maturity date:
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03-Feb-2025
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Note term:
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4.0 years
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Valuation Date:
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27-Jan-2025
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Price and Historical Values
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Last Updated Date:
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20-Dec-2024
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Current Price:
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$143.34
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Currency:
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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 | Current Price | Return | Weighting |
Bank of Montreal | 96.21 | 138.84 | 44.31% | 20% |
Bank of Nova Scotia | 69.11 | 77.09 | 11.55% | 20% |
Canadian Imperial Bank of Commerce | 55.95 | 92.50 | 65.33% | 20% |
Royal Bank of Canada | 105.54 | 173.40 | 64.30% | 20% |
Toronto-Dominion Bank | 74.20 | 75.03 | 1.12% | 20% |
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| | Reference Portfolio Return | 37.32% | |
| | Indicative Variable Interest | 45.75% | |
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| | Booster Range | 0.00% to 45.75% | |
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