Leveraged return structures based on a wide range of underlyings have returned to prominence in the UK.
In collaboration with Credit Suisse, Gilliat launched a structured leveraged call spread with a cap on the maximum return of 7.5% on the rise of the FTSE. The capital gained through the investment is capped at 75%. This means that at the end of the six years, if the FTSE finishes at higher than 75%, the product will do as well as the market. If the market goes higher, because of the cap, the p