Morgan Stanley offers deferred kickout on the FTSE 100

Kickout choice

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Morgan Stanley has issued a six-year kickout product linked to the FTSE 100 that offers potential returns of 9% per annum (not compounded) if the index is equal to or above 90% of its strike level on any of the annual observation dates from the second year onwards. Capital is not protected if the final level of the index is less than 50% of the strike level. If the FTSE 100 is equal to or above 90% of strike on any of the observation dates (two through to six), kickout will occ

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