NBC Auto Callable Note Securities (Maturity-Monitored Barrier) linked to the units of the SPDR® S&P 500® ETF Trust, due on August 17, 2017 (USD)

Current price: US$112.82
As of 19-Aug-2013

General Information

Issuer:
NBC
FundSERV Code:
NBC1531
ISM Code:
V76648
Ticker Symbol:
SPY
Educational Summary:
Link

Highlights

  • 5 year term.
  • Linked to the units of the SPDR® S&P 500® ETF Trust.
  • Fixed Return applicable to the Call Valuation Dates if the Reference Portfolio Return is then positive: Year 1: 12.50% ; Year 2: 16.50% ; Year 3: 20.50% ; Year 4: 24.50% ; Year 5: 28.50%.
  • 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.
  • Participation Factor: 5%.
  • Maturity-Monitored Barrier: -25%.
  • If the Reference Portfolio Return is positive 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 USD $100 x [1 + the Fixed Return applicable to the given Call Valuation Date + the Variable Return].
  • 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 USD $100 x [1 + the Fixed Return applicable to the Final Valuation Date + the Variable Return].
  • If the Note Securities are not automatically called and the Reference Portfolio Return is nil or negative but higher than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to USD $100.
  • If the Note Securities are not automatically called and the Reference Portfolio Return is negative and equal to or lower than the Barrier on the Final Valuation Date, the Maturity Redemption Payment will be equal to USD $100 x [1 + Reference Portfolio Return].
  • Eligible for RRSPs, RRIFs, RESPs, RDSPs, DPSPs and TFSAs.
  • A daily secondary market is subject to availability and to early trading charges.

Dates

Issue Date:
17-Aug-2012
Maturity date:
17-Aug-2017
Note term:
5.0 years
Call Val. Date 1:
12-Aug-2013
Call Val. Date 2:
11-Aug-2014
Call Val. Date 3:
10-Aug-2015
Call Val. Date 4:
10-Aug-2016
Final Valuation Date:
10-Aug-2017

Price and Historical Values

Last Updated Date:
19-Aug-2013
Current Price:
US$112.82
Current ETC:
US$0.00
Price Net of ETC:
US$112.82
Currency:
USD

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

Initial PriceFinal PriceReturn
SPDR S&P500 ETF Trust142.22169.1
Barrier106.67
Called on August 19, 2013