AUTOCALLABLE STRATEGIC ACCELERATED REDEMPTION SECURITIES®
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Autocallable Strategic Accelerated Redemption Securities® Linked to the Invesco S&P 500® Equal Weight ETF
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Issuer
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The Bank of Nova Scotia (“BNS”)
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Principal Amount
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$10.00 per unit
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Term
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Approximately six years, if not called earlier
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Market Measure
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The Invesco S&P 500® Equal Weight ETF (Bloomberg symbol: “RSP”)
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Automatic Call
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The notes will be called automatically if the Observation Level of the Market Measure on any of the Observation Dates is equal to or greater than the Call Level
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Observation Level
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The Closing Market Price of the Market Measure on any Observation Date
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Observation Dates
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Approximately one, two, three, four, five and six years from the pricing date
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Call Level
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100.00% of the Starting Value
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Call Amounts
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[$10.70 to $10.80] if called on the first Observation Date, [$11.40 to $11.60] if called on the second Observation Date, [$12.10 to $12.40] if called on the third Observation Date,
[$12.80 to $13.20] if called on the fourth Observation Date, [$13.50 to $14.00] if called on the fifth Observation Date and [$14.20 to $14.80] if called on the final Observation Date, each to be determined on the pricing date
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Payout Profile at Maturity
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If the notes are not called, 1-to-1 downside exposure to decreases in the Market Measure, with up to 100.00% of your principal amount at risk
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Threshold Value
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100.00% of the Starting Value
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Investment Considerations
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This investment is designed for investors who anticipate that the Observation Level of the Market Measure on at least one of the Observation Dates will be equal to or greater than the
Call Level and, in that case, are willing to have their notes called. This investment is also designed for investors who are willing to accept that their return on their investment will be capped at the applicable Call Premium, take
full downside risk and forgo interim interest payments.
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Preliminary Offering
Documents
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Exchange Listing
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No
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If your notes are not called, your investment will result in a loss; there is no guaranteed return of principal.
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Payments on the notes are subject to the credit risk of BNS, and actual or perceived changes in the creditworthiness of BNS are expected to affect the value of the notes. If BNS becomes
insolvent or is unable to pay its obligations, you may lose your entire investment.
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The initial estimated value of the notes on the pricing date will be less than their public offering price.
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If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing date.
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If called, your return on the notes is limited to the applicable Call Premium.
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You will have no rights of a holder of the Market Measure or the securities held by the Market Measure, and you will not be entitled to receive any shares of the Market Measure or the
securities held by the Market Measure, or any dividends or other distributions in respect of the Market Measure or the securities held by the Market Measure.
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There are liquidity and management risks associated with the Market Measure.
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The performance of the Market Measure may not correlate with the performance of its underlying index as well as the net asset value per share of the Market Measure, especially during
periods of market volatility when the liquidity and the market price of the shares of the Market Measure and/or the securities held by the Market Measure may be adversely affected, sometimes materially.
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Payments on the notes will not be adjusted for all corporate events that could affect the Market Measure.
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