Scotiabank offers US retail investors 2x upside exposure on the Eurostoxx 50 combined with a 15% downside buffer.

The Bank of Nova Scotia (BNS) has collected US$9.2m with its Buffered Performance Leverage Upside Securities (Plus)(06419HU36) (Buffered PLUS) in the US. Distributed via Morgan Stanley Wealth Management (Morgan Stanley WM), the 18-month Securities and Exchange Commission (SEC)-registered notes offer access to the Eurostoxx 50 Index (SX5E). At maturity, the product offers a capital return of 100% plus 200% of any rise in the index over the investment period, subject to a maximum payment of US$