Equity Linked Investments (ELIs) are structured products linked to an underlying stock.
You can earn an enhanced yield* by taking a view that the underlying stock will not fall below a certain price. If the stock falls below this price at a predetermined future date, you will receive the underlying stock. ELIs are issued by financial institutions and investors are exposed to the issuer's credit risk.
ELIs are only recommended for investors with an appropriate risk appetite as they carry significant risks.