Investor Solutions

Dundee Bank of Canada S&P/TSX 60® Absolute Return V-Notes, Series 1

ISSUE SUMMARY
Product Type: Principal Protected Note
Fund Code: DUN220
Issuer: The Bank of Nova Scotia
Issue Date: 10/05/2007
Maturity Date: 11/05/2009 – 2.1 yr term
Principal Payment: 100% Principal repayment if held to maturity
Variable Return: Variable Return, if any, linked to the price performance of the Index(See Variable Return Calculation for more details)
BASKET:
  • S&P/TSX 60 Index

ISSUE DOCUMENTS
Information Statement: English |
CURRENT ISSUE STATUS
Current Bid Price: $100.00
Term Remaining: 0.0 Years
Annualized Return: 0.00%
Adjusted Cost Base if held since Inception: $100.00
Current ETC: Nil
ETC End Date: 04/05/2009
Historical Bid Prices: view

VARIABLE RETURN

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. The Variable Return, if any, on each Deposit Note at Maturity will be equal to:

  • $100 Principal Amount multiplied by the Absolute Index Return if the Closing Level of the Index on each Trading Day in the Measurement Period remains within the Index Range
  • Zero if the Closing Level of the Index on any Trading Day during the Measurement Period falls outside the Index Range
Where:    
     
Absolute Index Return  =  | ( Final Index Level - Initial Index Level) / Initial Index Level |
Index Range  =  All levels of the Index that are greater than or equal to the Lower Index Limit and less than or equal to the Upper Index Limit
Lower Index Limit  =  75% of the Initial Index Level
Upper Index Limit  =  125% of the Initial Index Level

Performance Commentary

Index Performance
Index Weight Initial Level
10/05/2007
Current Level
08/23/2019
Index Performance Lock-In Date
S&P/TSX 60 Index 100.00% 825.64 615.68 -25.43% 10/07/2008
Overall Return       -25.43%  



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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