Product performance

Product performance

The principal-protected product has 87% gearing linked to the FTSE 100. Looking at the graph, from the end of the April the price of the product mimics and is higher than the spot of the underlying. Considering the structure of a typical principal-protected product, the price should reflect the spot in most circumstances. However, the price of the structure is sensitive to the prevailing interest rate and volatility levels.

For the period up to the end of April, rates increased and volatility le

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: