NBC S&P/TSX Composite Low Volatility Index Plus Deposit Notes, Series 5

Principal Protected Note




Minimum subscription






Issuance date

Maturity date


February 28, 2018

February 28, 2025

7 years


Selling period February 7 to February 22, 2018 Type Principal Protected Note 

  • Linked to the S&P/TSX Composite Low Volatility Index. 
  • Participation Factor of 115.00%.
  • 7-year term.
  • Principal fully protected at maturity.
  • Holders will be entitled to receive a coupon of 1.00% annually.
  • Secondary market available, subject to availability and early trading charges.
  • Eligible for all types of accounts (RRSP, RRIF, DPSP, RESP, RDSP and TFSA).
  • $1,000 minimum subscription (10 Deposits).


What are Linked Notes?

Find out everything you need to know about this product by visiting our education center.

Learn more




Non principal protected notes (“Note Securities”), principal protected notes (“Deposit Notes”) and market-linked guaranteed investment certificates (“Market-Linked GICs”) differ from conventional debt and fixed income investment. The repayment of the entire principal amount is not guaranteed for the Note Securities and is guaranteed at maturity for the Deposit Notes and the Market-Linked GICs. Note Securities and Deposit Notes do not constitute deposits that are insured under the Canada Deposit Insurance Corporation Act whereas the Market-Linked GICs are eligible for CDIC coverage, subject to the maximum dollar limit of CDIC coverage and to applicable conditions. An investment in Note Securities, Deposit Notes and Market-Linked GICs is not suitable for all investors and even if suitable, potential investors should consider what part such investment should serve in an overall investment plan. Such investment involves risk factors that are described in the relevant offering documents. Potential investors should refer and read the offering documents.

Questions and comments