7 December 2023: Wealth Product Ideas
Product: Bearish Lookback Put Warrant on S&P 500
Product Description
- Structured product providing short exposure to the S&P 500 index
- Provides bearish exposure with limited downside risk
- No coupon payments – potential payout depends on index level at maturity
- Min investment: USD 100,000 (USD 1 per warrant)
Uses
- Hedge against existing long stock portfolio
- Gain bearish exposure to equity markets with limited downside risk
Note: Pricing provided is indicative only. For updated pricing, please contact us directly.
Return Scenarios
For each USD 1 stated principal amount of the Warrants (USD 1 per warrant):
a) If the Final Level is equal to or less than the Lookback Strike Level:
- USD 1 × Final Return
b) Otherwise, if the Final Level is greater than the Lookback Strike Level:
- USD 0 (loss is limited to the premium paid for the warrant)
(Source: Bloomberg)
