Product performance

The first product is a six-year principal-protected note linked to the Financial Select Sector SPDR Fund. Participation is 100% in the index and the cap is set at roughly 131%, which is equivalent to 5.55% annually compounded. The two biggest influences on the price of this product are the spot price of the index and the risk-free rate. Since the strike date, the index has reached highs of 117% and lows of 97%. The fall in the risk-free rate since the strike date has the effect of increasing the

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: