NBC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to the Solactive Canada Bank 40 AR Index, due on August 13, 2029

Current price: $98.58
As of 17-Apr-2024

General Information

FundSERV Code:
NBC24314
Ticker Symbol:
SOLCAB40
Index Page:
Link
Index Guideline:
Link
Educational Summary:
Link

Highlights

  • 7.01-year term.
  • Linked to the Solactive Canada Bank 40 AR Index.
  • Fixed Return applicable to the Call Valuation Dates if the Reference Portfolio Return is equal to or greater than the Call Threshold: Year 1: 16%, Year 2: 22%, Year 3: 27%, Year 4: 32%, Year 5: 37%, Year 6: 42%, Year 7: 47%
  • Call Threshold: 0%.
  • Variable Return is applicable where the Reference Portfolio Return is greater than the Fixed Return applicable to the given Call Valuation Date or Final Valuation Date, and the Variable Return will be equal to the product of (i) the Participation Factor and (ii) the amount by which the Reference Portfolio Return exceeds such Fixed Return.
  • Participation Factor: 5%
  • Maturity Barrier: -20%.
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
11-Aug-2022
Maturity date:
13-Aug-2029
Call Val. Date 1:
03-Aug-2023
Call Val. Date 2:
02-Aug-2024
Call Val. Date 3:
01-Aug-2025
Call Val. Date 4:
04-Aug-2026
Call Val. Date 5:
04-Aug-2027
Call Val. Date 6:
03-Aug-2028
Final Valuation Date:
03-Aug-2029

Price and Historical Values

Last Updated Date:
17-Apr-2024
Current Price:
$98.58
Current ETC:
$0.00
Price Net of ETC:
$98.58
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 PriceCurrent PriceReturnWeighting
Solactive Canada Bank 40 AR Index807.10771.48-4.41%100%
Reference Portfolio Return-4.41%
Indicative Variable Interest0.00%
Barrier645.68
Call Threshold0.00%