Investor Solutions

BNS Japan Enhanced Participation Notes, Series 1

ISSUE SUMMARY
Product Type: Principal at Risk Note
Fund Code: SSP1547
Issuer: The Bank of Nova Scotia
Issue Date: 2018-04-20 00:00:00.0
Maturity Date: 2024-04-22 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 Nikkei 225 Index. (See Variable Return Calculation for more details)
Underlying Index: The Nikkei Stock Average Index (also known as the Nikkei 225 Index), which represents a price-weighted index comprised of 225 stocks selected from Japanese domestic common stocks that are listed on the 1st section of the Tokyo Stock Exchange.
  • Nikkei-225™ Index

ISSUE DOCUMENTS
Base Shelf Prospectus: English | French
Product Supplement: English | French
Pricing Supplement: English | French
Investor Summary: English | French
CURRENT ISSUE STATUS
Current Bid Price: 105.38
Term Remaining: 5.6 Years
Annualized Return: 4.30299668%
Adjusted Cost Base if held since Inception: 100
Current ETC: 3%
ETC End Date: 2019-04-16 00:00:00.0
Historical Bid Prices: view

VARIABLE RETURN CALCULATION

Holders of record on the Record Date will be entitled to an amount payable on the Notes at maturity (the “Maturity Redemption Amount”) as calculated by the Calculation Agent in accordance with the applicable formula below:

  1. If the Index Return on the Final Valuation Date is greater than 0.00%, the Maturity Redemption Amount will equal:

    Principal Amount + (Principal Amount x Index Return x Participation Rate)


  2. If the Index Return on the Final Valuation Date is less than or equal to 0.00%, the Maturity Redemption Amount will equal :

    Principal Amount + (Principal Amount x Index Return)

The Maturity Redemption Amount will be substantially less than the Principal Amount invested by an investor if the Index Return on the Final Valuation Date is equal to or less than 0.00%. The Maturity Redemption Amount will be subject to a minimum principal repayment of $1.00 per Note. The return on the Notes will not reflect the total return that an investor would receive if such investor owned the securities included in the Index.

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: 190%

Minimum Redemption Amount: $1.00 per Note

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



Performance Commentary

Index Performance
Index Weight Initial Level
2018-04-20 00:00:00.0
Current Level
2018-09-21 00:00:00.0
Index Performance Lock-In Date
Nikkei-225™ Index 100% 22162.24 23674.93 6.8255284700%
Overall Return       6.8255284700%  



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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