Product performance

Eva Berlinska compares the merits of three hypothetical products in the US over a period of six months – an accelerated growth note linked to Procter and Gamble and two reverse convertibles, one linked to Las Vegas Sands and the other to Sandisk

This month's hypothetical comparison is between an accelerated growth product linked to the common stock of Procter and Gamble and two reverse convertible structures, one linked to the stock price of Las Vegas Sands and the other to the common stock of SanDisk Corp. The movement of the underlying and the pricing parameters are based on actual figures. All three notes have the same pricing date of October 14, 2011 and issuer funding rates of 200 basis points have been assumed for each. All deals