NDF unveils potential 96% return structured product

NDF Administration has launched the Growth Kick Out plan October 07 which offers up to 96% return in six years. The autocallable product is linked to the FTSE 100 and Nikkei 225 indexes and offers five opportunities for early redemption.

The plan offers a 16% coupon, kicking out after 12 months if both indexes are at or above their starting levels on the observation date. If they are not, the product rolls over to the following year and the interest accumulates. Annual observation dates give the possibility for kick out if the indexes are at their starting level until the sixth year, by which time the potential return will be 96%.

Capital is at risk if the indexes fall to more than 50% of their initial recorded value, in which