NBC American market Capped Inverse Participation Flex GIC, series 1F

Current price: $100.00
As of 04-Nov-2024

General Information

FundSERV Code:
NBC28128
ISM Code:
Z05YX9
Ticker Symbol:
XSP
Index Page:
Link

Highlights

  • 2.51-year term.
  • Linked to the iShares® S&P 500 Index ETF CAD Hedged.
  • Principal amount fully protected at maturity by National Bank of Canada.
  • Participation Factor: 100%
  • Maximum: 30%.
  • the maximum amount of Variable Return that may be payable will be 30%
  • if the reference portfolio decline is greater than the capped decline threshold, the Variable Return will be capped at 18%.
  • 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:
02-May-2022
Maturity date:
04-Nov-2024
Valuation Date:
28-Oct-2024

Price and Historical Values

Last Updated Date:
04-Nov-2024
Current Price:
$100.00
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 ValueFinal PriceReturn
iShares Core S&P 500 Index ETF CAD-Hedged44.5660.8336.51%
Reference Portfolio Return-36.51%
Basket Level1 365.126