Investor Solutions

BNS Canadian Growth GIC (3 Year) Series 2

ISSUE SUMMARY
Product Type: Market Linked GIC
Series: 13103EPCG
Issuer: The Bank of Nova Scotia
Issue Date: 10/07/2013
Maturity Date: 10/07/2016 – 3.0 yr term
Principal Payment: 100% Principal repayment if held to maturity
Variable Return: The return an investor will receive upon maturity is determined by the price performance of an underlying Basket of Shares of Canadian companies, subject to a maximum Variable Return of 23.00%.
Equity Basket: The Basket is comprised of the following 10 issuers (equally dollar-weighted at inception):
  • Canadian National Railway Company
  • Canadian Natural Resources Ltd.
  • Enbridge Inc.
  • Manulife Financial Corporation
  • Metro Inc.
  • Restaurant Brands International Inc.
  • Rogers Communications Inc.
  • Royal Bank of Canada
  • Telus Corporation
  • Toronto-Dominion Bank

CURRENT ISSUE STATUS
Term Remaining: 0.0 Years
Indicative Variable Rate of Return at Maturity: $21.75

VARIABLE RETURN CALCULATION

The GIC will not bear any interest during the term, but will have a Variable Return, if any, per certificate at maturity calculated as follows:

Variable Return = Principal Amount × Price Return

The Price Return will be determined by the average of the Share Returns (each of which can be positive or negative) of the Shares in the Basket, expressed as a percentage. The Share Return of any particular Share in the Basket shall be equal to the percentage increase or decrease in the Closing Price of that Share, measured from the Issue Date to the Valuation Date, calculated as follows:

(Final Price - Initial Price)/Initial Price

provided that the maximum Share Return of any particular Share in the Basket shall not, in any event, exceed 23.00%.

No Variable Return will be paid unless the Price Return is greater than zero.


Performance Commentary

Basket Performance
Basket Assets Weight Initial Price
10/09/2013
Current Price
08/23/2019
Actual Return Share Return Lock-In Date
Canadian National Railway Company 10.00% $53.97 $88.32 63.65% 23.00% 10/06/2016
Canadian Natural Resources Ltd. 10.00% $32.03 $42.88 33.87% 23.00% 10/06/2016
Enbridge Inc. 10.00% $42.27 $56.98 34.80% 23.00% 10/06/2016
Manulife Financial Corporation 10.00% $17.12 $19.11 11.62% 11.62% 10/06/2016
Metro Inc. 10.00% $21.69 $42.12 94.19% 23.00% 10/06/2016
Restaurant Brands International Inc. 10.00% $24.82 $57.52 131.75% 23.00% 10/06/2016
Rogers Communications Inc. 10.00% $45.18 $55.12 22.00% 22.00% 10/06/2016
Royal Bank of Canada 10.00% $66.40 $81.62 22.92% 22.92% 10/06/2016
Telus Corporation 10.00% $34.39 $42.80 24.45% 23.00% 10/06/2016
Toronto-Dominion Bank 10.00% $45.55 $58.18 27.73% 23.00% 10/06/2016



Note: An investment in a Market Linked GIC (MLGIC) may not be suitable for all investors. Important information about these investments is contained in the Fact Sheet of each MLGIC series. 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 a MLGIC, 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 a MLGIC 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 Fact Sheet.

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