Express Certificate on Brazil, China and FTSE 100 (Secondary Market)

May 27, 2016

This 5-year note was struck in August 2012 as an autocall (annual) note paying a 10.5% coupon. The autocall trigger is set at 100%. The note is currently trading at about 70% of its nominal value, giving the investor a potential upside gain of nearly 30% if the note does not close with one of its indexes below the 50% capital protection barrier.

If the trigger levels are met, all outstanding coupons will be paid.

The Bank is A rated by Fitch.

 

Global Index Snowball Income Autocall

May 24, 2016

This 6 year note pays a potential coupon (with memory) of 7% annually based on the performance of 3 major global indices: UK, Eurozone and Australia.  If no index has fallen below the following coupon trigger level the coupon willl be paid:

  • GBP and USD versions – 75%
  • EUR version – 85%

This note also has the potential to mature early from semester 2, if all indices are at or above their initial level.

The note carries a 65% protection barrier. The bank is A rated by S&P.

Global Indices Semi-Annual Autocall

May 24, 2016

This 6-year note provides a conditional return of 5% for each semester elapsed based on the performance of 4 major stock indices: Canada, Australia, Germany, and Italy. If the lowest performing index  is greater than or equal to its initial level at any observation date a Conditional Return of 5.00% per semester is paid.

The note contains an autocall mechanism. If the lowest performing index is greater than or equal to its initial level at any observation date, the notes are autocalled and immediately redeemed at 100%.

The note has a 60% European protection barrier. The bank is rated A by S&P.

GBP 90% Protected FTSE Tracker

May 22, 2016

This 5 year note offers 90% capital protection and 110% participation in the average growth (quarterly) of the FTSE100, capped at +20%.

The note is issued by an A rated bank and will close on June 23.

AAA Country Double Protection Note

May 13, 2016

This 6 year GBP note pays a 7.75% annual coupon on the performance of  main indexes of 4 AAA rated countries: Canada, United Kingdom, Germany, and Hong Kong. The note pays its coupon every six months provided the worst performing index is above 80% of its initial price. The note will autocall  after the first year if all the indexes are above their initial price (100% autocall trigger).

Additionally, if 6 coupons are paid the note will provide a 100% capital guarantee. If the note does not pay 6 coupons nor autocalls, then the protection barrier is 60% of the initial value of the worst performing index.

GBP British Financials Express Certificate

May 8, 2016

This GBP note has a maximum maturity of 3.5 years and pays a potential return of 10.5% per annum. The note’s performance is tied to 4 large British financial institutions: HSBC, Barclays, Lloyds, and Prudential.

The note is callable monthly if all the underlyings are above their initial strike prices.  The note pays a 0.875% coupon monthly (with memory) as long as the the worst performing underlying  has not fallen 30% or more from its strike price.

Capital is only at risk if after 3.5 years the product has not redeemed early (autocalled) and the worst performing basket member has fallen by 40% or more.

The note is issued by an A rated bank.

USD Safe Haven Express Certificate

May 8, 2016

This USD note has a maximum maturity of 6 years and pays a potential income of 11% per annum. The note is based on the broad market indexes of Canada, Switzerland, Sweden, and Australia.

The note has annual observations and pays an 11% coupon (memory) if all basket members have not fallen by 5% or more from their initial strike price. In addition, if on the annual observation the worst performing member closes above its strike level the coupon is paid and the product is redeemed early at 100%.

Capital is only at risk if after 6 years the product has not redeemed early (autocalled) and the worst performing basket member has fallen by 35% or more.

The note is issued by an A rated bank.

GBP Absolute Return Strategies Capital Protected Note

May 7, 2016

This 6 year fixed term investment offers 90% capital protection and 115% participation on an index of five absolute return funds. Additionally, the strike price will be 90% of the index of the funds – Natixis Targeted Absolute Return Strategies ER Index.

The equal weighted index is composed of the following funds:

  • Carmignac Patrimoine
  • Franklin Templeton Global Fundamental Strategies Fund
  • Standard Life International Global Absolute Return Strategies Fund
  • ETHNA-AKTIV E
  • BNY Mellon Global Real Return

The final price of the product is constructed by taking the monthly averaged price of the index in the last year of the note.

The note is issued by an A rated bank and was stuck on May 3rd 2016.

USD Multi Strategies Fund Index Capital Protected Note

May 7, 2016

This 6 year fixed term investment offers 90% capital protection and 150% participation on an index of four Multi-Strategy Funds which use an unconstrained and flexible approach to pursue positive returns in all market conditions. Additionally, the strike price of the note will 90% of the index of the funds – the BNP Parabis MS – Multi Strategies Fund Stars Index (USD).

The index is composed of the following funds:

  • Pioneer Funds – Absolute Return Multi-Strategy
  • Invesco Global Targeted Returns Fund
  • DWS Concept Kaldemorgen
  • Aviva Investors Sicav – Multi-Strategy Target Return Fund

The final price of the product is constructed by taking the monthly averaged price of the index in the last year of the note.

The note is issued by an A+ rated bank.

GBP Oil Majors Autocall Note

May 7, 2016

This GBP note has a maximum maturity of 5 years and pays a potential return of 20% per annum. The note is based on the oil majors: BP, Total, Exxon Mobil and Royal Dutch Shell.

The note is callable every 3 months if all basket members are above their intitial strike prices. When called, the note will pay 5% for each quarter of the notes existence. The note will not pay income or coupons until called.

Capital is only at risk if after 5 years the product has not redeemed early (autocalled) and the worst performing basket member has fallen by 40% or more.

The note is issued by an A rated bank.