NBC Contingent Income Note Securities (Maturity-Monitored Barrier) linked to the Global gold mining sector, Class F, due on December 2, 2022

Current price: $107.03
As of 02-Dec-2022

General Information

Issuer:
NBC
FundSERV Code:
NBC22955
ISM Code:
V46297
Ticker Symbol:
GDXJ

Highlights

  • 2.5-year term.
  • Linked to the Vaneck Vectors Junior Gold Miners ETF.
  • Potential coupon payments: provided that the Reference Portfolio Return is equal to or higher 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: -35%
  • Potential Coupon Payment: $14.05 p.a. paid semi-annually.
  • Maturity Barrier: -35%.
  • If the Reference Portfolio Return is positive on the Final Valuation Date, the Maturity Redemption Payment will be equal to $100 x [1 + Variable Return]; or
  • If 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 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

Issue Date:
02-Jun-2020
Maturity date:
02-Dec-2022
Note term:
2.5 years
Valuation Date:
25-Nov-2022

Price and Historical Values

Last Updated Date:
02-Dec-2022
Current Price:
$107.03
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 PriceFinal PriceReturnWeighting
VANECK JR GOLD MINERS44.8735.23-21.48%100%
Reference Portfolio Return-21.48%
Barrier29.1655