Investor Solutions

BNS Canadian Equity Enhanced Participation Notes, Series 1 (CLOSED)

ISSUE SUMMARY
Product Type: Principal at Risk Note
Fund Code: SSP1358
Issuer: The Bank of Nova Scotia
Issue Date: 2017-10-26 00:00:00.0
Maturity Date: 2023-10-26 00:00:00.0 – 6.0 yr term
Principal Payment: The original principal amount invested is not protected (See Maturity Redemption Amount Calculation for more details)

Variable Return: Variable Return, if any, is linked to the performance of the Basket of Canadian Equities (See Variable Return Calculation for more details)
The Basket is comprised of the following 10 issuers (equally dollar-weighted at inception):: Bank of Montreal, BCE Inc., Emera Inc., Enbridge Inc., Inter Pipeline Ltd., Power Corporation of Canada, Shaw Communications Inc., TELUS Corporation, Royal Bank of Canada, and TransCanada Corporation
  • BCE Inc.
  • Bank of Montreal
  • Emera Inc.
  • Enbridge Inc.
  • Inter Pipeline Ltd.
  • Power Corporation of Canada
  • Royal Bank of Canada
  • Shaw Communications Inc.
  • Telus Corporation
  • TransCanada Corp.

ISSUE DOCUMENTS
Base Shelf Prospectus: English | French
Product Supplement: English | French
Pricing Supplement: English | French
Investor Summary: English | French

VARIABLE RETURN CALCULATION

The Notes will not bear any interest nor will they reflect dividends or other distributions declared or paid on the shares, but will have a Variable Return, if any, calculated as follows on a per Note basis:

  1. If the Index Price Return at maturity is positive, then the Maturity Redemption Amount per Note will equal the lesser of:

    (a) the Principal Amount + (Principal Amount x Participation Rate x Index Price Return); or

    (b) the Maximum Redemption Amount; or


  2. if the Index Price Return at maturity is negative or equal to 0.00%, then the Maturity Redemption Amount per Note will be equal to:

    Principal Amount + [Principal Amount x (Price Return + 20.00%)]

Where:

The Index Price Return is the percentage increase or decrease in the Closing Value of the Index from the Issue Date to the Final Valuation Date.

Participation Rate: 260%

Minimum Redemption Amount: $20.00 per Note

No Variable Return will be paid unless the Price Return is greater than zero.



Note: An investment in principal at risk notes may not be suitable for all investors. Important information about these investments is contained in the Base Shelf Prospectus, the Product Supplement and the Pricing Supplement for the note (see above for such documents). Investors should obtain and carefully read a copy of these documents 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. None of the Bank, the investment dealers or any of their respective affiliates, or any other person guarantees that investors in the notes will receive an amount equal to their original investment or guarantees that any return will be paid on the notes (subject to a minimum principal repayment of $1.00 per note) at or prior to maturity. Since the notes are not principal protected, it is possible that an investor could lose substantially all of his or her investment in the notes (subject to a minimum principal repayment of $1.00 per note). 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 documentation.

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