Range accrual

Each year of the Investment Term, Range Accruals will generate an Annual Coupon based on the number of Trading Days that the Underlying Asset has closed within a Specified Range. If the Underlying Asset closes outside the Specified Range on any Trading Day, the Daily Accrued Coupon will be lost. However, all Daily Accrued Coupons already locked-in are not at risk, and future accruals will continue, provided that the Underlying Asset returns to the Specified Range.

 The Maximum Annual Coupon will only be achieved if the Index closes within the Specified Range on every Trading Day for that year. Depending on the Product chosen, the Annual Coupon maybe paid each year, or at the end of the Investment Term. You can find this out by checking the Frequency of payments for your chosen product.

 As long as the Underlying Asset closes higher than the Protection Level on the Final Determination Date, capital will be repaid on the Maturity Date. If the Underlying Asset closes at or below the Barrier Level on the Final Determination Date, capital will be lost. Range Accruals can be sold before the end of the Investment Term but you may get back less than you invested irrespective of the Underlying Asset’s performance.

Asset Class :
Underlying type / Underlying :
Expiry :
Protection Level:

No product matches criteria

Intraday Perf = Intra-day performance from previous day's closing price.
Past performance is not a reliable indicator of future results. Future performance forecasts are not a reliable indicator of future performance. Gains or losses can be reduced or increased depending on the exchange rate and does not take into account charges, fees and charges incurred by any investor (e.g taxes, fees or other costs incurred by local regulations, brokerage fees or other fees levied by the financial intermediary). Before any investment, read the risk factors described in the prospectus available on this site.
Before commencing trading you should be comfortable that covered warrants are a suitable investment for you. In order to assist you with this assessment, please see the "Risk Warning".

version : 4.38.0-SNAPSHOT