Buffered Accelerated Return Equity Securities - S&P 500 (22550BQA4)
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 143% of the rise in the underlying over the investment period, subject to a maximum overall return of 157.20%. Otherwise, the capital return equals 100% minus 1.25% for every 1% fall in excess of...
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