Auto Callable Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the American market, Class F, NC3Y due on March 24, 2032, Series Pelletier Wealth Advisory Team

Current price: $100.41
As of 11-Jul-2025

General Information

Issuer:
NBC
FundSERV Code:
NBC30272
ISM Code:
V46QS2
Ticker Symbol:
XSP
Index Page:
Link
Educational Summary:
Link

Highlights

  • 7-year term.
  • Linked to the iShares® S&P 500 Index ETF CAD Hedged.
  • 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: -30%
  • Call Threshold: 20% (starting after 36 months).
  • Potential Coupon Payment: $5.58 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 $100; or
  • If the Note Securities are not automatically called and the Reference Portfolio Return is positive or 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 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 $100 × [1 + Reference Portfolio Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • Daily secondary market available under normal market conditions.

Dates

Issue Date:
24-Mar-2025
Maturity date:
24-Mar-2032
Note term:
7.0 years
Call Val. Date 1:
17-Mar-2028
Call Val. Date 2:
17-Apr-2028
Call Val. Date 3:
16-May-2028
Call Val. Date 4:
16-Jun-2028
Call Val. Date 5:
17-Jul-2028
Call Val. Date 6:
17-Aug-2028
Call Val. Date 7:
18-Sep-2028
Call Val. Date 8:
17-Oct-2028
Call Val. Date 9:
16-Nov-2028
Call Val. Date 10:
18-Dec-2028
Call Val. Date 11:
17-Jan-2029
Call Val. Date 12:
16-Feb-2029
Call Val. Date 13:
19-Mar-2029
Call Val. Date 14:
17-Apr-2029
Call Val. Date 15:
16-May-2029
Call Val. Date 16:
15-Jun-2029
Call Val. Date 17:
17-Jul-2029
Call Val. Date 18:
17-Aug-2029
Call Val. Date 19:
17-Sep-2029
Call Val. Date 20:
17-Oct-2029
Call Val. Date 21:
16-Nov-2029
Call Val. Date 22:
17-Dec-2029
Call Val. Date 23:
16-Jan-2030
Call Val. Date 24:
15-Feb-2030
Call Val. Date 25:
18-Mar-2030
Call Val. Date 26:
16-Apr-2030
Call Val. Date 27:
16-May-2030
Call Val. Date 28:
14-Jun-2030
Call Val. Date 29:
17-Jul-2030
Call Val. Date 30:
19-Aug-2030
Call Val. Date 31:
17-Sep-2030
Call Val. Date 32:
17-Oct-2030
Call Val. Date 33:
18-Nov-2030
Call Val. Date 34:
17-Dec-2030
Call Val. Date 35:
16-Jan-2031
Call Val. Date 36:
14-Feb-2031
Call Val. Date 37:
17-Mar-2031
Call Val. Date 38:
17-Apr-2031
Call Val. Date 39:
16-May-2031
Call Val. Date 40:
16-Jun-2031
Call Val. Date 41:
17-Jul-2031
Call Val. Date 42:
18-Aug-2031
Call Val. Date 43:
17-Sep-2031
Call Val. Date 44:
17-Oct-2031
Call Val. Date 45:
17-Nov-2031
Call Val. Date 46:
17-Dec-2031
Call Val. Date 47:
16-Jan-2032
Call Val. Date 48:
17-Feb-2032
Final Valuation Date:
17-Mar-2032

Price and Historical Values

Last Updated Date:
11-Jul-2025
Current Price:
$100.41
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
iShares Core S&P 500 Index ETF CAD- Hedged59.7064.568.14%100%
Reference Portfolio Return8.14%
Indicative Variable Interest0.00%
Barrier41.79
Call Threshold20.00%
Call Threshold Value71.64