Product review: UBS offers growth from inflation

Growth from inflation

This is a five-year growth product linked to the performance of the S&P 500 index and the non-seasonally adjusted US City Average All Items Consumer Price Index for All Urban Consumers (CPI). At the end of the product term, investors will receive returns equal to the growth in the best-performing index. Capital is not protected if either final index level is 50% or more below its initial level at maturity.

The product will pay returns equal to the best performing underlying provided the barrier