This is a six-year kickout product linked to the performance of the top 10 companies in the FTSE 100 by index weighting. It offers a potential return of 17.5% per annum (not compounded) and kicks out if eight out of the 10 shares are at or above their initial level on any of the product’s anniversaries. Capital is not protected at maturity if the final value of three or more of the shares is below 50% of their initial value.
The stocks, which span several sectors, are HSBC, BP, Vodafone, Royal D
The week on Risk.net, July 7-13, 2018Receive this by email