Buffered Performance Leveraged Upside Securities - S&P 500 (61768CUR6)
This is a growth product linked to the S&P 500.At maturity, if the underlying does not fall by more than 20% from its initial level, the product offers a capital return of 100%, plus the greater of 0% and 127.29% of the rise in the underlying over the investment period. Otherwise, the capital return equals 100% minus 1.25% for every 1% fall in excess of the initial 20% fall.
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