BNS U.S. Dollar Index Optimizer Principal Protected Notes, Series 1
| Issuer: |
The Bank of Nova Scotia |
| Issue Date: |
September 29, 2006 |
| Maturity Date: |
September 29, 2011 – 5yr term |
| Principal Payment: |
100% Principal repayment if held to maturity |
| Variable Payment: |
Appreciation of Portfolio diversified by asset class and geographic exposure at redemption
(See Variable Return Calculation for more details) |
| Portfolio: |
The five Assets comprising the Portfolio are as follows:
- S&P® 500 Index;
- Dow Jones EURO STOXX 50® Index;
- Nikkei—225™ Index;
- S&P Goldman Sachs Commodity Index (GSCI®) Excess Return; and
- US Dollar/Japanese Yen Foreign Exchange Spot Rate.
|
| Optimizing Structure: |
Each year, on the anniversary date of the issuance of the Notes, the asset with the best simple return measured form the issue date is “locked-in” for the purpose of determining the Variable Return, if any, payable at maturity. Once locked in, that asset is removed from the portfolio and no longer factors into the determination of Variable Return. Asset prices tend to illustrate cyclical movements and the indices are weakly correlated. |
| FundSERV Code: |
N/A |
|
