NBC Canadian Blue Chip III Deposit Notes S38

Current price: $133.32
As of 08-Dec-2016

General Information

Issuer:
NBC
FundSERV Code:
NBC1616
ISM Code:
V76534

Product Description

The Deposit Notes provide a return over the 8.5-year maturity that is linked to the price performance of a Reference Portfolio composed of the common shares of 20 Canadian companies. The Deposit Notes are callable for redemption 4.25 years after the Issuance Date at $133.32 per Deposit Note for an annual compounded rate of return of approximately 7.00%. If the Bank does not exercise its right to call the Deposit Notes, the Variable Return at maturity is unlimited. If the Bank, at its sole discretion, exercises this option, Holders will not receive any return based on the performance of the Reference Portfolio.

Highlights

  • Principal fully protected at maturity by National Bank of Canada.
  • The return at maturity, if any, is linked to the price performance of a notional reference portfolio composed of the common shares of 20 Canadian companies.
  • May be called for redemption by National Bank of Canada 4.25 years after the Issuance Date at $133.32 per Deposit Note for an annual compounded rate of return of approximately 7% on the Bank Early Redemption Day.
  • The Reference Share Return is a price return, and will not take into account dividends (approximately 3.89% as of July 6, 2012).
  • 8.5 year term.
  • A daily secondary market subject to availability and to early trading charges within the first 720 days including and following the Issuance Date, up to $6.00 per Deposit Note. A Holder who sells Deposit Notes prior to maturity may receive less than the Initial Deposit Amount per Deposit Note.
  • Eligible for all types of accounts (RRSP, RRIF, DPSP, RESP, RDSP and TFSA).

Dates

Issue Date:
31-Aug-2012
Maturity date:
01-Mar-2021
Note term:
8.6 years
Potential Call Date:
01-Dec-2016
Valuation Date:
22-Feb-2021
Call Val. Date 1:
01-Dec-2016

Price and Historical Values

Last Updated Date:
08-Dec-2016
Current Price:
$133.32
Current ETC:
$0.00
Price Net of ETC:
$133.32
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.

Note

On March 28, 2014, Loblaw Companies Limited announced that it has completed its acquisition of Shoppers Drug Mart Corporation triggering a substitution event in connection with the reference portfolio of the Deposit Notes as per the terms of the Information Statement relating to the Deposit Notes. As a result of such event, we hereby advise the Holders of the Deposit Notes that, as of April 1, 2014, the common shares of Shoppers Drug Mart Corporation have been replaced by the common shares of The Jean Coutu Group (PJC) Inc., being the Class "A" Subordinate Voting Shares in the reference portfolio of the Deposit Notes in accordance with the terms and conditions the Information Statement. As a result, all calculations in respect of the return of the reference portfolio that were based on the price of the common shares of Shoppers Drug Mart Corporation will be, from April 1, 2014 until maturity, based on the price of the Class "A" Subordinate Voting Shares of The Jean Coutu Group (PJC) Inc. The Jean Coutu Group (PJC) Inc. distributes and retails pharmaceutical and parapharmaceutical products in North America. The Company operates PJC clinics and drugstores, primarily in the New England states in the United States.

Legal Notice

Portfolio

CompanyInitial ValueFinal PriceReturn
BCE Inc43.8257.0530.19%
Bank of Montreal57.6288.6653.87%
Canadian Imperial Bank of Commerce76.23108.3442.12%
Canadian National Railway Co45.190.24100.09%
Encana Corp21.8216.99-22.14%
Enbridge Inc38.8155.2042.23%
Fortis Inc/Canada32.4940.1923.70%
Husky Energy Inc26.0715.77-39.51%
Loblaw Cos Ltd34.6469.2799.97%
Jean Coutu Group PJC Inc/The15.0520.8438.50%
Power Corp of Canada23.5129.9527.39%
Rogers Communications Inc39.7750.6427.33%
Saputo Inc20.7844.48114.05%
Shaw Communications Inc20.1626.1829.86%
Sun Life Financial Inc23.0152.56128.42%
TELUS Corp31.03541.6034.04%
Teck Resources Ltd27.2432.5619.53%
Toronto-Dominion Bank/The40.3263.0756.42%
Thomson Reuters Corp27.9857.47105.40%
TransCanada Corp44.458.8832.61%
Reference Portfolio Return47.20%
Basket Level1 472.049
Indicative Variable Interest47.20%
Called on December 8, 2016