Investors receive a fixed 10.02% annual income, with capital repayment linked to the worst-performing stock in a basket of leading US technology companies.

Hop Investing is distributing Tech Stock Basket Monthly Fixed Income Plan (CIBC38) in the UK.   At maturity, full capital is returned if all three stocks are at or above the 50% barrier Issued via Canadian Imperial Bank of Commerce (CIBC), this two-year barrier reverse convertible offers exposure to a basket of US technology stocks comprising Nvidia, Alphabet and Amazon. The note pays fixed income of 0.835% per month, equivalent to 10.02% per annum, regardless of the performance of the