Structured Notes

Below are the Structured Note issues that are currently available via Ethical Offshore Investments.

Structured Notes

While Structured Notes are not our core investments (we prefer to use daily traded managed funds, ETF’s & direct shares), we understand and acknowledge that there is a demand for such products, especially in the Offshore market.

These products can provide additional diversification and risk management for portfolios.

We will only have arrangements with providers that are regulated and adhere to our strict sustainable and ethical business management concept.

 

** All clients of Ethical Offshore Investments will receive a minimum 1.00% Commission Rebate credit on investments made into the Structured Notes listed below **

 

 


 

Barclays US Tech Income Note

USD 8.75%pa / GBP 7.00%pa

 

Potential coupon of up to 8.75% for each year held if the underlying assets are above 80% of their initial strike level on any semi-annual coupon observation date from year one onwards.

 

Issuer: Barclays Bank plc

Guarantor: Barclays Bank plc (A1 / A+ / A)

Underlying: Alphabet Inc. Amazon.com Inc, Apple Inc, Microsoft Corp.

Term:  6 years (max)

Conditional (Memory) Coupon: USD 8.75%p.a. / GBP 7.00%p.a.

Coupon Observations: Semi annual at 80% of initial underlying strike price

Autocall Observations: Semi-annual from end of year 1 onwards

Autocall Barrier: 100%

Protection Barrier: 65%

Closing date: 9 May 2022

>> FIND OUT MORE <<

 


 


 

 

 

BBV A Classic Note – 13.00%pa (USD) / 10.25% (GBP)

 

Potential coupon of up to 13.00% for each year held if the underlying assets are at or above their initial strike levels on any of the semi-annual observations dates from year 1 onwards.

 

Issuer: BBVA Global Markets B.V.

Guarantor: Banco Bilbao Vizcaya Argentaria, S.A. (A3 / A- / A)

Underlying: CAC 40 Index, NASDAQ 100 Index, FTSE MIB Index, Russell 2000 Index

Term:  6 years (max)

Conditional (Memory) Coupon: USD 13.00% p.a. / GBP 10.25% p.a.

Autocall Observations: Semi-annual from end of year 1

Autocall Barrier: 100%

Protection Barrier: 65%

Closing date: 20 May 2022

>> FIND OUT MORE <<

 

 


 

 

Morgan Stanley Classics Note 19

11.20%pa USD / 9.00%pa GBP

 

Potential coupon of up to 11.20%pa for each year held if the underlying assets are above their initial strike level on any semi-annual observation dates from year 1 onwards.

 

Issuer: Morgan Stanley B.V.

Guarantor: Morgan Stanley (A1 / A / BBB+)

Underlying: FTSE 100 Index, Euro Stoxx 50 Index, Nikkei 225 Index

Term:  6 years (max)

Conditional (Memory) Coupon: USD 11.20% p.a. / GBP 9.00%p.a.

Autocall Observations: Semi-annual from end of year 1 onwards

Autocall Barrier: 100%

Protection Barrier: 65%

Closing date: 10 June 2022

>> FIND OUT MORE <<

 

 


 

 

Morgan Stanley Prime Income Note 10

7.40%pa (USD) / 5.60%pa (GBP) / 5.00%pa (EUR)

 

Potential coupon of up to 7.40% for each year held if the underlying assets are above 85% of their initial strike level on any semi-annual observation date from year one onwards.

 

Issuer: Morgan Stanley B.V.

Guarantor: Morgan Stanley (A1 / A / BBB+)

Underlying: Eurostoxx 50 Index, Nikkei 225 Index, S&P 500 Index

Term:  6 years (max)

Conditional (Memory) Coupon: 7.40%pa (USD) / 5.60%pa (GBP) / 5.00%pa (EUR)

Coupon Observations:  Semi-annual at 85% of initial level

Autocall Observations: Semi-annual from end of year 1

Autocall Barrier: 100%

Protection Barrier: 65%

Closing date: 10 June 2022

>> FIND OUT MORE <<

 

 


 

 

Societe Generale Basic Resources Stepdown

9.60%pa (USD) / 7.50%pa (GBP)

 

Potential coupon of up to 9.60%pa for each year held if the underlying asset is above the ‘Reducing Autocall Barrier’ on any semi-annual coupon observation date from year one onwards.

 

Issuer: Societe Generale (A1 / A / A)

Underlying: iStoxx Europe 600 Basic Resources GR Decrement Index (ISPXPGR50)

Term:  6 years (max)

Conditional (Memory) Coupon: 9.60%pa (USD) / 7.50%pa (GBP)

Autocall Observations: Semi-annual from end of year 1

Autocall Barrier: Semester 2 (12 June 2023) 100%. From semester 3 (11 Dec 2023) to semester 12, stepdown barrier of 5%pa floored at 75% of initial level

Protection Barrier: 60%

Closing date: 10 June 2022

>> FIND OUT MORE <<

 

 


 

Morgan Stanley 95% Capital Protected Note

 

 

 

A 6 year fixed term investment which offers 130% (USD) or 97.5% (GBP) participation in the quarterly averaged performance of the Fundsmith Equity Fund SICAV T Euro.

 

 

Issuer: Morgan Stanley B.V.

Guarantor: Morgan Stanley (A1 / A / BBB+)

Underlying: Fundsmith Equity Fund SICAV T Euro Acc

Term:  6 years

Investment Return: 130% (USD) or 97.5% (GBP) participation in the quarterly averaged performance of the Fundsmith Equity Fund SICAV T EUR Acc

Capital Protection: Minimum of 95% of capital returned at maturity

Closing date: 24 June 2022

FIND OUT MORE <<

 


** the commission rebate applies to all Structured Notes invested via Ethical Offshore Investments.

 

What are Structured Notes?


Structured NotesStructured products / notes are generally a type of fixed-term investment where the amount you earn depends on the performance of a specific market (such as the FTSE 100) or specific assets (such as shares in individual companies).

There are two main types of structured product:

  • structured deposit
  • structured investment

Some structured investments offer a degree of capital protection, while others do not. The income or growth is usually not guaranteed and you may get no return on your investment. Even where there is capital protection, the deduction of fees and charges could mean you could get less than you put in.

Structured deposits and structured investment products with some capital protection are often purchased by customers looking for alternatives to savings accounts and other deposit-based products.

However, these products often have complicated features that can make it difficult to understand the return you are likely get, including the risk of getting no return on your investment.

It is important that you take the time to understand and assess the product you’re thinking of buying before investing.

Complex products do not necessarily offer better returns than simpler ones, such as fixed-term deposits.


Courtesy of https://www.fca.org.uk/consumers/structured-products