Bonus Enhanced Note

In equity investment, share price needs to rise 9.18% in order to achieve 9.18% return.

But in the case of Bonus Enhanced Note, even if the stocks remain at the same price throughout 6 months, investor will still earn absolute return of 9.18%.

Bonus enhanced note is similar to fixed coupon note, except it has no knock out feature and coupon is flat (non annualised).

Bonus Enhanced Note
Underlying: Alphabet A, Facebook, Nike
Tenor: 6 months
Ccy: USD
Flat coupon: 9.18%
Coupon barrier: 100%
Put strike: 90%
Notional: USD

Risk of this note is converting to worst performing stock at strike price, which is 10% below today's price. 

This is good for investors who like fundamental of Alphabet, Facebook and Nike but prefers to buy either one at lower price.

The note has a flat coupon of 9.18% for 6 months. That means 9.18% x 2 = 18.36% annualised return.

Investors will be entitled to the 9.18% coupon as long as all underlying stocks stay at or above entry level at the last valuation date.

Bonus enhanced note is available at private banks.

Requirement to open a private account is SGD2mil.

Write email to us at metal.commodity@gmail.com if you are interested. 

We have private bankers to refer.