Investor Solutions

BNS Barrier Plus Notes Linked to Crescent Point Energy Corp., Series 1

ISSUE SUMMARY
Product Type: Principal at Risk Note
Fund Code: SSP1785
Issuer: The Bank of Nova Scotia
Issue Date: 2018-12-14 00:00:00.0
Maturity Date: 2021-12-14 00:00:00.0 – 3.0 yr term
Principal Payment: The original principal amount invested is not protected (See Maturity Redemption Amount Calculation for more details)
Maturity Redemption Amount: Variable Return, if any, is linked to the performance of Crescent Point Energy Corp. (See Variable Return Calculation for more details)
Underlying Stock: Crescent Point Energy Corp. is a North American light and medium oil producer. The Company focuses on growing significant resource base in the Williston Basin, Southwest Saskatchewan and the Uinta Basin in Utah.
  • Crescent Point Energy Corp

ISSUE DOCUMENTS
Base Shelf Prospectus: English | French
Product Supplement: English | French
Pricing Supplement: English | French
Investor Summary: English | French

VARIABLE RETURN CALCULATION

Holders of record on the Record Date will be entitled to an amount payable on the Notes at maturity (the “Maturity Redemption Amount”) as calculated by the Calculation Agent in accordance with the applicable formula below:     

  • If the Price Return on the Final Valuation Date is greater than 0.00%, the Maturity Redemption Amount will equal:

Principal Amount + [Principal Amount x (Price Return x Participation Rate)]

  • If the Price Return on the Final Valuation Date is equal to or less than 0.00% and the Final Portfolio Price on the Final Valuation Date is greater than the Barrier Price, the Maturity Redemption Amount will equal:
Principal Amount
  • If the Final Portfolio Price on the Final Valuation Date is equal to less or less than the Barrier Price, the Maturity Redemption Amount will equal:

Principal Amount + (Principal Amount x Price Return)

The Maturity Redemption Amount will be substantially less than the Principal Amount invested by an investor if the Final Share Price on the Final Valuation Date is equal to or less than the Barrier Price. The Maturity Redemption Amount will be subject to a minimum principal repayment of $1.00 per Note.

Barrier Level:  80.00% of the Initial Portfolio Price

Participation Rate: 185.00%

The return on the Notes will not reflect the total return that an investor would receive if such investor owned the Reference Share.


Note: An investment in principal at risk notes may not be suitable for all investors. Important information about these investments is contained in the Base Shelf Prospectus, the Product Supplement and the Pricing Supplement for the note (see above for such documents). Investors should obtain and carefully read a copy of these documents 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. None of the Bank, the investment dealers or any of their respective affiliates, or any other person guarantees that investors in the notes will receive an amount equal to their original investment or guarantees that any return will be paid on the notes (subject to a minimum principal repayment of $1.00 per note) at or prior to maturity. Since the notes are not principal protected, it is possible that an investor could lose substantially all of his or her investment in the notes (subject to a minimum principal repayment of $1.00 per note). 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 documentation.

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