NBC Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Global gold mining sector (USD), Class F, due on March 31, 2025

Current price: US$100.93
As of 30-Oct-2024

General Information

Issuer:
NBC
FundSERV Code:
NBC25585
ISM Code:
V46AJ6
Ticker Symbol:
GDX
Index Page:
Link
Educational Summary:
Link

Highlights

  • 3-year term.
  • Linked to the Vaneck Vectors Gold Miners ETF.
  • Potential coupon payments: provided that the Reference Portfolio Return is equal to or higher than the Coupon Payment Threshold on the applicable Coupon Payment Valuation Date, Holders will be entitled to receive a coupon payment on each Coupon Payment Date.
  • Coupon Payment Threshold: -30%
  • Call Threshold: 10% (starting after 6 months).
  • Potential Coupon Payment: US$11.16 p.a. paid monthly.
  • Maturity Barrier: -30%.
  • If the Reference Portfolio Return is equal to or higher than the Call Threshold on a Call Valuation Date, the Note Securities will be automatically called on the applicable Call Date and the Maturity Redemption Payment will be equal to US$100 x [1 + Variable Return]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to US$100 x [1 + Variable Return]; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but equal to or higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to US$100; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is negative and lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to US$100 x [1 + Reference Portfolio Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
30-Mar-2022
Maturity date:
31-Mar-2025
Note term:
3.0 years
Call Val. Date 1:
23-Sep-2022
Call Val. Date 2:
24-Oct-2022
Call Val. Date 3:
22-Nov-2022
Call Val. Date 4:
21-Dec-2022
Call Val. Date 5:
23-Jan-2023
Call Val. Date 6:
21-Feb-2023
Call Val. Date 7:
23-Mar-2023
Call Val. Date 8:
24-Apr-2023
Call Val. Date 9:
19-May-2023
Call Val. Date 10:
22-Jun-2023
Call Val. Date 11:
24-Jul-2023
Call Val. Date 12:
23-Aug-2023
Call Val. Date 13:
25-Sep-2023
Call Val. Date 14:
23-Oct-2023
Call Val. Date 15:
22-Nov-2023
Call Val. Date 16:
20-Dec-2023
Call Val. Date 17:
23-Jan-2024
Call Val. Date 18:
22-Feb-2024
Call Val. Date 19:
22-Mar-2024
Call Val. Date 20:
23-Apr-2024
Call Val. Date 21:
22-May-2024
Call Val. Date 22:
21-Jun-2024
Call Val. Date 23:
23-Jul-2024
Call Val. Date 24:
23-Aug-2024
Call Val. Date 25:
23-Sep-2024
Call Val. Date 26:
23-Oct-2024
Call Val. Date 27:
22-Nov-2024
Call Val. Date 28:
19-Dec-2024
Call Val. Date 29:
23-Jan-2025
Call Val. Date 30:
21-Feb-2025
Final Valuation Date:
24-Mar-2025

Price and Historical Values

Last Updated Date:
30-Oct-2024
Current Price:
US$100.93
Currency:
USD

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 PriceFinal PriceReturnWeighting
The VanEck Vectors Gold Miners ETF38.1543.2613.39%100%
Reference Portfolio Return13.39%
Barrier26.705
Call Threshold10.00%
Called on Oct 30, 2024Call Threshold Value41.965