Investor Solutions

BNS SC Universe Bond Index™ Deposit Note, S3

ISSUE SUMMARY
Product Type: Principal Protected Note
Fund Code: SSP108
Issuer: The Bank of Nova Scotia
Issue Date: 04/11/2007
Maturity Date: 04/11/2012 – 5.0 yr term
Principal Payment: 100% Principal repayment if held to maturity
Variable Payment: Variable Return, if any, linked to the performance of the Scotia Capital Universe Overall Bond IndexTM (Total Return) (See Variable Return Calculation for more details)
Underlying Index: The Index is designed to be a broad measure of the Canadian investment-grade fixed income market. The Index represents substantially all of the marketable domestic Canadian fixed income securities with a term exceeding one year. The fixed income securities include Government of Canada bonds, provincial bonds, municipal bonds and corporate obligations.
  • SC Universe Bond Index™

ISSUE DOCUMENTS
Information Statement: English | French
Client Summary / Information Statement: English | French
CURRENT ISSUE STATUS
Current Bid Price: $127.63
Term Remaining: 0.0 Years
Annualized Return: 27.63%
Adjusted Cost Base if held since Inception: $100.00
Current ETC: Nil
ETC End Date: 04/11/2009
Historical Bid Prices: view

VARIABLE RETURN

The Deposit Notes do not carry a fixed rate of interest. Variable Return, if any, will be an amount in Canadian dollars determined by the formula:

Variable Return = Principal Amount × Final Index Level - Initial Index Level - Program Fee  
    Initial Index Level    


Program Fee = (Principal Amount+Base Variable Return) × 0.7368% p/a x 5 years

Where:
“Final Index Level” is the level of the Index at the Closing Time on the Final Index Level Date while “Initial Index Level” is the level of the Index at the Closing Time on the Issue Date.


Performance Commentary

As at January 13, 2012 the performance of the BNS SC Universe Bond Index Deposit Notes, Series 3 on a NAV basis is 14.97% since inception. The Index is up 35.57% since inception.


Index Performance
Index Weight Initial Level
04/11/2007
Current Level
02/02/2016
Index Performance Lock-In Date
SC Universe Bond Index™ 100.00% 637.72 858.96 34.69% 04/06/2012
Overall Return       34.69%  



Note: An investment in principal protected notes may not be suitable for all investors. Important information about these investments is contained in the Information Statement of each note. Investors should obtain and carefully read a copy prior to investing, paying particular attention to the associated risks. Past performance is not indicative of future returns. Commissions, trailing commissions, management fees and expenses all may be associated with these investments. Principal is guaranteed at maturity only for products purchased at their issue price and held to maturity. The investment return on the notes, if any, is uncertain in that an investor may not receive more than return of the principal amount at maturity. A person should reach a decision to invest in the notes only after carefully considering with his or her advisor, the suitability of this investment in light of his or her investment objectives and the information set out in the respective Information Statement.

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