Investor Solutions

BNS Canadian Banks Deposit Notes, Series 52F

ISSUE SUMMARY
Product Type: Principal Protected Note
Fund Code: SSP376
Issuer: The Bank of Nova Scotia
Issue Date: 08/16/2019
Maturity Date: 08/18/2025 – 6.0 yr term
Principal Payment: 100% Principal repayment if held to maturity.
Variable Return: Variable Return, if any, is linked to the performance of 6 Canadian banks. (See Variable Return Calculation for more details).
Basket of Shares: The basket is composed of 6 Canadian banks (BNS, RBC, TD, BMO, CIBC, NBF) which are equally weighted.
  • Bank of Montreal
  • Bank of Nova Scotia
  • Canadian Imperial Bank of Commerce
  • National Bank of Canada
  • Royal Bank of Canada
  • Toronto-Dominion Bank

ISSUE DOCUMENTS
Information Statement: English | French
Client Summary / Information Statement: English | French
CURRENT ISSUE STATUS
Current Bid Price: $99.26
Term Remaining: 6.0 Years
Annualized Return: -0.74%
Adjusted Cost Base if held since Inception: $100.00
Current ETC: Nil
ETC End Date: 08/16/2019
Indicative Variable Rate of Return at Maturity: $1.24
Historical Bid Prices: view

VARIABLE RETURN CALCULATION

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

Variable Return = Principal Amount × Price Return × Participation Rate

The Share Return of any particular Share in the Basket shall be equal to the percentage (each of which can be zero, positive or negative) increase or decrease in the Closing Price of that Share, measured from the Issue Date to the Valuation Date, calculated by the Calculation Agent as follows:

(Final Price − Initial Price)/(Initial Price)

Where:

Participation Rate: 200.00%

There is no maximum or minimum Share Return for any Share. If such Share Return is negative, there is no floor on the Share’s negative contribution to the Price Return of the Shares in the Basket or cap on any Share’s positive contribution to the Price Return of the Shares in the Basket if the Share Return for such Share is positive.


Performance Commentary

Basket Performance
Asset Weight Initial Price
08/16/2019
Current Price
08/23/2019
Price Performance Lock-In Date
Bank of Montreal 16.67% $93.19 $93.06 -0.14%
Bank of Nova Scotia 16.67% $67.72 $68.48 1.12%
Canadian Imperial Bank of Commerce 16.67% $99.04 $101.60 2.58%
National Bank of Canada 16.67% $61.05 $61.28 0.38%
Royal Bank of Canada 16.67% $99.74 $99.35 -0.39%
Toronto-Dominion Bank 16.67% $72.52 $72.64 0.17%



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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