NBC Canadian Banks (AR) with Low Point Flex GIC, series 1F

Current price: $89.68
As of 02-Jul-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC28064
ISM Code:
Z05S21
Ticker Symbol:
SOLCABAR
Index Page:
Link
Index Guideline:
Link
Index Fact Sheet:
Link

Highlights

  • 8-year term.
  • Linked to the Solactive Canada Bank 30 AR 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.

Dates

Issue Date:
14-Feb-2022
Maturity date:
14-Feb-2030
Note term:
8.0 years
Valuation Date:
07-Feb-2030

Price and Historical Values

Last Updated Date:
02-Jul-2024
Current Price:
$89.68
Currency:
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

CompanyInitial ValueCurrent PriceReturn
Solactive Canada Bank 30 AR Index952.32801.86-15.80%
Reference Portfolio Return-15.80%
Basket Level801.860
Indicative Variable Interest7.84%
Lowest Observed Level
14-Jul-22743.56