Knock out products continue to deliver with capital-protected structures providing only marginal returns in June as SRP looks at the best performing products in seven European markets.
Sweden: Autocall Nordiska Läkemedel Combo nr 3377 – 111.80%/11.09% pa Garantum Fondkommission was the distributor for this five-year autocallable note, which was issued on the paper of Citigroup. The product sold SEK18.5m (€1.7m) at inception and was redeemed early on June 12, 2019, when the underlying shares of Astra Zeneca, Coloplast, Novo-Nordisk and Orio each closed above 90% of their initial level. United Kingdom: FTSE 100 Defensive Kick Out Plan 33 – 124.75%/7.65%
Continue reading and get unlimited access for 7 days with a free trial of SRP.
Get a free trialAlready a subscriber? Login