Investor Solutions

BNS Canadian Energy ROC Notes, Series 1F (CLOSED)

ISSUE SUMMARY
Product Type: Principal at Risk Note
Fund Code: SSP1838
Issuer: The Bank of Nova Scotia
Issue Date: 2019-02-15 00:00:00.0
Maturity Date: 2024-02-15 00:00:00.0 – 5.0 yr term
Principal Payment: The original principal amount invested is not protected (See Maturity Redemption Amount Calculation for more details)
Maturity Redemption Amount: Maturity Redemption Amount, if any, is linked to the performance of the iShares® S&P/TSX Capped Energy Index ETF (TSX: XEG). (See Variable Return Calculation for more details)
Reference ETF: iShares S&P/TSX Capped Energy Index ETF is an exchange-traded fund incorporated in Canada. The Fund seeks to provide long-term capital growth. The Fund invests in Shares of the companies that make up the S&P/TSX Capped Energy Index in the same proportion referenced in the Index.
  • iShares S&P/TSX Capped Energy Index ETF

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

Holders of record on the Final 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 Price Return on the Final Valuation Date is greater than 33.50%, the Maturity Redemption Amount will equal:

    Principal Outstanding + [Principal Amount x (33.50%+ (Participation Rate x (Price Return – 33.50%)))]


  2. If the Price Return on the Final Valuation Date is equal to or less than 33.50% and the Final Unit Price is greater than the Barrier Price, the Maturity Redemption Amount will equal:

    Principal Amount


  3. If the Final Unit Price on the Final Valuation Date is equal to or less than the Barrier Price, the Maturity Redemption Amount will equal:

    Principal Outstanding + [Principal Amount x (33.50% + Price Return)]



Where:

Participation Rate: 50% of any Index Return in excess of the Booster.

The Price Return is an amount expressed as a percentage (which can be zero, positive or negative) calculated by the Calculation Agent in accordance with the following formula:

(Final Unit Price – Initial Unit Price) / Initial Unit Price

The Maturity Redemption Amount will only be greater than the Principal Amount if the Price Return on the Final Valuation Date is greater than 33.50% (subject to the Participation Rate). The Maturity Redemption Amount will be substantially less than the Principal Outstanding and the Principal Amount invested by an investor, and the Variable Return will be negative, if the Final Unit Price on the Final Valuation Date is equal to or less than the Barrier Price. The Maturity Redemption Amount will be subject to a minimum principal repayment of $1.00 per Note.


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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