NBC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to the American market, Class F, due on August 15, 2022
3027
General Information
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Issuer:
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NBC
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FundSERV Code:
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NBC2281
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ISM Code:
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V80437
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Ticker Symbol:
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XSU
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Educational Summary:
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Link
Highlights
- Approximatively 5-year term.
- Linked to the units of the iShares® U.S. Small Cap Index ETF (CAD-Hedged).
- Fixed Return applicable to the Call Valuation Dates if the Reference Portfolio Return is then positive: Date 1: 7.75%; Date 2: 15.50%; Date 3; 23.25%; Date 4: 31.00%; Date 5: 34.00.
- 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 is equal to the product of (i) the Participation factor and (ii) the amount by which the Reference Portfolio Return exceeds the Fixed Return.
- Call Threshold: 0.00%.
- Participation Factor: 0.00%.
- Maturity-Monitored Barrier: -20.00%.
- If the Reference Portfolio Return is 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 x [1 + Fixed Return applicable to the given Call Valuation Date + Variable Return]; or
- If the Note Securities are not automatically called and the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + the Fixed Return applicable to the given Call Valuation Date + the Variable Return]; or
- If the Note Securities are not automatically called and 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 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 x [1 + Reference Portfolio Return].
- Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
- Daily secondary market available under normal
market conditions.
Dates
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Issue Date:
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15-Aug-2017
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Maturity date:
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15-Aug-2022
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Note term:
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5.0 years
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Call Val. Date 1:
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08-Aug-2018
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Call Val. Date 2:
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08-Aug-2019
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Call Val. Date 3:
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10-Aug-2020
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Call Val. Date 4:
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09-Aug-2021
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Final Valuation Date:
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08-Aug-2022
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Price and Historical Values
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Last Updated Date:
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15-Aug-2018
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Current Price:
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$108.41
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Currency:
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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
Company | Initial Price | Final Price | Return | Weighting |
iShares U.S. Small Cap Index ETF CAD-Hedged | 29.47 | 35.62 | 20.87% | 100% |
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| | Reference Portfolio Return | 20.87% | |
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| | Barrier | 23.576 | |
| | Call Threshold | 0.00% | |
Called on August 15, 2018 | | | | |
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