INVESTMENT DESCRIPTION
A 6year Plan linked to the performance of the FTSE 100 Index and the NIKKEI 225 Index.
The Plan is constructed to offer a potential return of 9.35% p.a. If on any Annual observation date (including the Final Observation date), the Underlyings are at or above 75% of their initial levels, the income will be paid. This investment will autocall and mature early if both Underlyings are equal to or above 110% of their Initial Levels on any annual observation date starting at 36 months.
If early maturity occurs, full capital is returned and the investment will end. If early maturity does not occur the investment will continue to the Final Observation date.
CURRENCY GBP
STRIKE DATE 30/11/2023
ISIN XS2689473887
COUNTERPARTY UBS AG, London Branch
TYPE Plan
RETURN & BARRIERS
Maximum Term: 6 years
Investment Structure: Income Autocall
Autocall opportunities: Annual
Autocall Trigger: 110% of Initial Level from 36 months
Income Rate: 9.35% p.a.
Income Trigger: 75%
Issue Price: 100%
Capital Risk: Not capital protected
Capital Protection Barrier:65% Final level (Observed at maturity only)
MATURITY DATE
30/11/2029