Canadian Equity GIC, Series 25F

Current price: $124.36
As of 24-Sep-2020

General Information

Issuer:
NBC
FundSERV Code:
NBC2248
ISM Code:
V97927
Ticker Symbol:
BCE CT Equity, BMO CT Equity, CM CT Equity, FTS CT Equity, NTR CT Equity, RCI/B CT Equity, SJR/B CT Equity, SLF CT Equity, T CT Equity, TRI CT Equity

Product Description

The Canadian Equity GIC offers the growth potential of a Canadian diversified equity portfolio all while ensuring 100% principal protection at maturity.

Highlights

  • 5-year term (non-redeemable).
  • Principal invested on the Issue Date is 100% protected at maturity.
  • Eligible for deposit insurance offered by CDIC.
  • The Variable Interest is calculated at maturity based on the arithmetic average of the price return of 10 Reference Shares multiplied by the Participation Factor of 102.50%
  • The Reference Portfolio Return is an arithmetic average (expressed as a percentage and rounded to two decimal places) of the price return of the Reference Shares over the period starting on the Issue Date of the Canadian Equity GIC and ending on the Valuation Date.
  • If the Reference Portfolio does not generate a positive price return at maturity, the Canadian Equity GIC will not generate any Variable Interest and, in this case, no return will be paid.
  • No Secondary Market.
  • Exposure to a diversified portfolio of Canadian equities, allowing for higher potential return than conventional fixed-rate GICs.

Dates

Issue Date:
25-Sep-2015
Maturity date:
24-Sep-2020
Note term:
5.0 years
Valuation Date:
17-Sep-2020

Price and Historical Values

Last Updated Date:
24-Sep-2020
Current Price:
$124.36
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
BCE Inc.54.2356.063.37%
Bank of Montreal70.2880.7914.95%
Canadian Imperial Bank of Commerce93.14102.4710.02%
Fortis Inc.36.5752.3143.04%
Nutrien Ltd68.753.76-21.75%
Rogers Communications Inc. - Class B45.6452.7215.51%
Shaw Communications Inc. - Class B25.6724.74-3.62%
Sun Life Financial Inc.42.6855.1629.24%
TELUS Corporation15.36423.9155.62%
Thomson Reuters Corporation53.1807101.7191.25%
Reference Portfolio Return23.76%
Basket Level1 237.648
Indicative Variable Interest24.36%