NBC Marathon™ (Accelerator) Note Securities (Maturity-Monitored Barrier) linked to the Canadian market, due on March 8, 2028
6590
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC25239
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ISM Code:
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V452R0
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Ticker Symbol:
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XIU
Dates
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Issue Date:
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08-Mar-2021
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Maturity date:
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08-Mar-2028
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Note term:
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7.0 years
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Valuation Date:
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01-Mar-2028
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Highlights
- 7-year term.
- Linked to the iShares® S&P/TSX 60® ETF.
- Participation Factor: 155%
- Maturity Barrier: -30%.
- If the Reference Portfolio Return is positive on the Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + (Acceleration Factor x Reference Portfolio Return)]; or
- (ii) 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;
- (iii) 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.
Legal Notice
Portfolio
| Company | Initial Price | Current Price | Return |
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| iShares® S&P/TSX 60 Index ETF | 0.00 | 27.62 | |
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| | Reference Portfolio Return | 0.00% |
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| | Barrier | 0 |
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