All New issues

Desjardins Fixed Coupon Notes (Maturity-Monitored Barrier), US Market ETF, Series 101

Additional Informations

Issuer: Fédération des caisses Desjardins du Québec
Securities Offered: Desjardins Fixed Coupon Notes (Maturity-Monitored Barrier), US Market ETF, Series 101
Issue Price: $100 per Note
Minimum: $ 1,000 (10 notes)
Reference Index: The notes are linked to the price return of the units of the SPDR S&P 500 ETF Trust, (the “reference asset”), an exchange traded fund.
Issuance Date: September 6, 2024
Maturity Date: September 6, 2030
Settlement date: Transaction date plus 2 days. **All purchases are closed without the possibility of cancellation ** Please refer to Information Statement Document, Right of cancellation.
RRSP & TFSA Eligibility: Yes
Participation rate: Participation rate applicable to the negative reference portfolio return below the barrier. Is equal to 100.00%
Term: 6 an(s)
Maximum return: Maximum return is equal to the sum of fixed coupons : 30.00 %
Fixed Coupon Payments: Fixed coupons paid quarterly corresponding to 1.25 % (equivalent to 5.00 % annually)
Barrier Level: -30%
Protection of capital The capital is not protected.
Early Trading Fees: This fee goes from 3.50 %, initially to 0% after 360 days.
Secondary Market: DSN00867
Commission received from the Issuer: Desjardins online brokerage will receive from the issuer a remuneration of $2.40 for each note sold (equivalent to 2.40 % of the principal amount)
Subscription close: August 30, 2024, noon. Books can close without any further notice.
Offering Document: For more detailed information please refer to the prospectus.
Investment highlights: To view the Investment highlights please refer to this document.