At a Glance

Ability to express a particular view on market price movements

Different types of payoffs available - Equity Linked Note, Fixed Coupon Note, Twin-Win Note, Step-Down Auto-callable Note

Potential to earn an enhanced return if the performance of the underlying financial instrument is in line with the expected view

 

Benefits & Risks

Benefits

 

Attractive yields

Investors can Potentially earn enhanced returns if their selection of stocks, views on market direction and choice of structured payoff are accurate.

Alternative investment entry

Investors may be able to purchase shares at their target levels, below the current market prices, while earning an enhanced yield during the tenor of the ELN.

In general terms, the yield depends on the level of risk assumed by the investor. Yields are generally lower for less aggressive strike levels and for stocks with lower implied volatilities.

Risks

 

Market Risks

Changes in factors such as price of the underlying shares, interest rates, time to maturity of the ELN, implied volatility of the shares, implied correlations of the underlying shares, etc. Can be unpredictable, sudden and large. Such changes may result in the price or value of the ELIs moving adversely to your interest.

Issuer credit risk

ELIs are issued by financial institutions and investors are exposed to the credit risk of the lissuer.

ELNs are only recommended for investors with an appropriate risk appetite as they carry significant risks.

 

How to Apply

Contact us A Relationship Manager will reach out to you.
Locate us Visit us at our Centres.

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