This is the maximum potential return available from the basket of underlying shares, if any. The actual return may be lower and it is not guaranteed. No return will be paid if the average of the share returns of the shares in the basket is zero or lower . For more information on Scotiabank Equity Powered GICs, the underlying basket of shares, return calculations and payments, please see the Scotiabank Equity Powered GIC Fact Sheet.
Scotiabank Equity Powered GICs - American Growth is a non-redeemable GIC. The GIC issue amount (the principal amount initially invested plus any interim interest earned until the issue date) and return, if any, will be paid on the maturity date.