A number of products with multiple knock-out options have come onto the market this month. NDF used the knock-out features for the latest issue of its Growth Plan, structured by Abbey National Treasury Services. The product returns a minimum of 100% of the investor's capital plus 125% of the FTSE over the six-year period.
If, however, on the second, third, fourth and fifth anniversaries of the product, the index is at least 20%, 30%, 40% or 50% (respectively) above the strike, the product kn
The week on Risk.net, November 17–24, 2017Receive this by email