Investors will participate in index gains at a rate of between 115-130%, with a 10% downside buffer. The investment has a maturity of three years and uses averaging over the last five days of the product life to smooth out returns.
Bank of America
MSCI Eafe Index
Source: Future Value Consultants & SEC filings
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The week on Risk.net, July 7-13, 2018Receive this by email