Morgan Stanley has launched a six-year growth product linked to the FTSE 100 Index that offers a return of 60% if the final index level is equal to or higher than 90% of its initial level. Capital is not protected at maturity if the final level is 50% or more below the initial level.
This type of product can be attractive to investors because of its simple structure. If the index is at least at 90% of its initial level, the fixed return is earned, whereas if the index finishes below 90%, capital
The week on Risk.net, July 7-13, 2018Receive this by email