Bearish Autocall Note on Tech Giants

A 18 month bearish note on Apple, NetFlix, and Amazon that pays a guaranteed 10%p.a. income quarterly. With quarterly observations the note will autocall if all stocks are below 100% of their intitial value.

At maturity, if the best performing stock is above 150% of its initial value, the initial investment would be returned at a 1:1 loss on the gain of the best perofrming underlying.

This note is an inverse of a typical autocall note.