Investor Solutions

BNS S&P/TSX Composite Low Volatility Index Deposit Notes, Series 9

ISSUE SUMMARY
Product Type: Principal Protected Note
Fund Code: SSP251
Issuer: The Bank of Nova Scotia
Issue Date: 2017-03-24 00:00:00.0
Maturity Date: 2023-03-24 00:00:00.0 – 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 the 50 least volatile stocks within the S&P/TSX Composite Index with no maximum Variable Return (subject to a 100.00% Participation Rate). (See Variable Return Calculation for more details)
Underlying Index: The S&P/TSX Composite Low Volatility Index is designed to measure the performance of the 50 least volatile stocks within the S&P/TSX Composite Index. The S&P/TSX Composite Low Volatility Index attempts to capture the "low volatility anomaly" in Canadian markets by measuring the performance of low volatility stocks from the S&P/TSX Composite index. The objective of the S&P/TSX Composite Low Volatility Index is to achieve lower volatility than its benchmark, the S&P/TSX Composite Index.
  • S&P/TSX Composite Low Volatility Index

ISSUE DOCUMENTS
Information Statement: English | French
Client Summary / Information Statement: English | French
CURRENT ISSUE STATUS
Current Bid Price: 95.07
Term Remaining: 5.5 Years
Annualized Return: -4.93%
Adjusted Cost Base if held since Inception: 100
Current ETC: 3.25%
ETC End Date: 2018-03-20 00:00:00.0
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 × Index Return × Participation Rate

The Index Return is the percentage increase or decrease in the Closing Index Level, measured from the Issue Date to the Valuation Date calculated as follows:

(Final Index Level - Initial Index Level)/Initial Index Level

Where:

Participation Rate: 100.00%

There is no maximum Variable Return. If the Index Return is negative then no Variable Return will be paid.


Performance Commentary

Index Performance
Index Weight Initial Level
2017-03-24 00:00:00.0
Current Level
2017-09-20 00:00:00.0
Index Performance Lock-In Date
S&P/TSX Composite Low Volatility Index 100% 420.56 416.735 -0.9095016200%
Overall Return       -0.9095016200%  



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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