Market-Linked Step Up Notes - MSCI ACWI ex USA Index (06746K473)

This is a growth product linked to the MSCI ACWI ex USA Index.At maturity, if the index rises over the investment period, the product offers a capital return of 100%, plus the greater of 17.25% and 100% of the rise in the index over the investment period.If the final index level is lower than its initial level, the capital return is 100% minus 1% for every 1% fall in the index.

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