Investor Solutions

BNS American Growth GIC (3 Year) Series 5

ISSUE SUMMARY
Product Type: Market Linked GIC
Series: 14013EPAG
Issuer: The Bank of Nova Scotia
Issue Date: 01/07/2014
Maturity Date: 01/07/2017 – 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 US companies, subject to a maximum Variable Return of 17.00%.
Equity Basket: The Basket is comprised of the following 10 issuers (equally dollar-weighted at inception):
  • Amazon.com, Inc.
  • Bank of America Corporation
  • Ford Motor Company
  • Home Depot Inc.
  • Kraft Heinz Co
  • McDonald's Corp.
  • Merck & Co. Inc.
  • Valero Energy Corporation
  • Verizon Communications Inc.
  • Wal-Mart Stores Inc.

CURRENT ISSUE STATUS
Term Remaining: 0.0 Years
Indicative Variable Rate of Return at Maturity: $10.33

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 17.00%.

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

The GIC's have no direct foreign currency exposure. The performance of the certificate will be based solely on the rate of return of the Shares, by reference to the Closing Prices of the Shares on the Issue Date and the Valuation Date. The Variable Return payable in respect of the GIC's will be unaffected by the exchange rate of Canadian dollars relative to any other currency.

Performance Commentary

Basket Performance
Basket Assets Weight Initial Price
01/09/2014
Current Price
08/23/2019
Actual Return Share Return Lock-In Date
Amazon.com, Inc. 10.00% $401.01 $780.45 94.62% 17.00% 01/06/2017
Bank of America Corporation 10.00% $16.83 $22.68 34.76% 17.00% 01/06/2017
Ford Motor Company 10.00% $15.84 $12.77 -19.38% -19.38% 01/06/2017
Home Depot Inc. 10.00% $81.57 $133.90 64.15% 17.00% 01/06/2017
Kraft Heinz Co 10.00% $42.93 $86.53 101.56% 17.00% 01/06/2017
McDonald's Corp. 10.00% $95.46 $119.70 25.39% 17.00% 01/06/2017
Merck & Co. Inc. 10.00% $49.52 $60.11 21.39% 17.00% 01/06/2017
Valero Energy Corporation 10.00% $52.90 $67.68 27.94% 17.00% 01/06/2017
Verizon Communications Inc. 10.00% $47.50 $54.64 15.03% 15.03% 01/06/2017
Wal-Mart Stores Inc. 10.00% $78.09 $69.21 -11.37% -11.37% 01/06/2017



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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