|Product Type:||Principal Protected Note|
|Issuer:||The Bank of Nova Scotia|
|Issue Date:||2017-04-07 00:00:00.0|
|Maturity Date:||2023-04-07 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 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.
|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: 82.50%
There is no maximum Variable Return. If the Index Return is negative then no Variable Return will be paid.
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.
THE CONTENTS OF THIS SITE ARE DIRECTED AT, AND ARE FOR USE BY, RESIDENTS OF CANADA ONLY AND ARE NOT DIRECTED TO OR INTENDED FOR USE BY RESIDENTS OF ANY OTHER COUNTRY OR JURISDICTION. THE CONTENTS OF THIS SITE DO NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY, DIRECTLY OR INDIRECTLY, ANY OF THE NOTES REFERRED TO HEREIN IN ANY JURISDICTION OUTSIDE OF CANADA. THE CONTENTS OF THIS SITE ARE NOT TO BE DOWNLOADED, DISSEMINATED, USED OR RELIED UPON BY PERSONS RESIDENT IN ANY NON- CANADIAN JURISDICTION. NO SECURITIES COMMISSION OR SIMILAR AUTHORITY IN CANADA OR ANY OTHER JURISDICTION HAS IN ANY WAY PASSED ON THE MERITS OF ANY OF THE NOTES OR THE ADEQUACY OF THE DISCLOSURE CONTAINED IN ANY OF THE DOCUMENTS ON THIS SITE.