FVC review: SG launches FTSE 100 product with defensive strike
Societe Generale has launched a capital-at-risk structured product tied to the FTSE 100 offering a participation rate of 500% in the underlying from a defensive strike level of 90%
Societe Generale has issued a leveraged return product tied to the FTSE 100 index. The product offers an upside participation rate of 500% in the underlying from a strike level of 90% – meaning the index can drop slightly from its spot level and still offer investors a return – subject to a maximum return of 56%.
The FTSE 100 will need to rise by 11.2% from its strike level in order for investors
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