|Product Type:||Principal Protected Note|
|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.
|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:
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
Participation Rate: 100.00%
There is no maximum Variable Return. If the Index Return is negative then no Variable Return will be paid.
|Index Performance||Lock-In Date|
|S&P/TSX Composite Low Volatility Index||100%||420.56||422.182||0.3856762400%|
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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