NBC Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Global gold mining sector, Class F, due on October 3, 2023

Current price: $100.94
As of 02-Oct-2023

General Information

Issuer:
NBC
FundSERV Code:
NBC22987
ISM Code:
V46DB0
Ticker Symbol:
GDX
Index Page:
Link

Highlights

  • 0.67-year term.
  • Linked to the Vaneck Vectors Gold Miners ETF.
  • Potential coupon payments: provided that the Reference Portfolio Return is equal to or greater 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: -25%
  • Potential Coupon Payment: $11.28 p.a. paid monthly.
  • Maturity Barrier: -25%.
  • If the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
  • If 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 $100; or
  • If the Reference Portfolio Return is negative and lower than the Barrier on the Final 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.

Dates

Issue Date:
02-Feb-2023
Maturity date:
03-Oct-2023
Note term:
8 months
Valuation Date:
25-Sep-2023

Price and Historical Values

Last Updated Date:
02-Oct-2023
Current Price:
$100.94

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 ETF32.6528.51-12.68%100%
Reference Portfolio Return-12.68%
Barrier24.4875