Overview
Autocallable is a short-to-medium term structure of typically 6-18 months that pays periodic fixed coupon up to an early call date (Autocall Event) or its maturity.
Autocallable pays regular monthly coupon ranging from 6% p.a. to 20% p.a. depending on underlying asset, up to when Autocall Event is triggered or maturity of the Autocallable. Capital is only at risk if the underlying asset price is observed to be below the Knock-in Level, triggering a Knock-in Event.
If no Autocall Event has occurred by Maturity Date, Investor shall receive back the Redemption Amount.
This amount is determined as follows:
If a Knock-in Event has occurred, and
(A) Final Reference Asset Price ≥ Strike Price
The Redemption Amount shall be equal to the investment capital, paid in cash.
(B) Final Reference Asset Price
< Strike Price
Investor receives back shares instead of cash. The number of shares received is:
Investment Capital / (FX Rate x Strike Price)
You are advised to read, understand and, where required sign the following documents, before/upon entering into the Investment, as applicable:
Investing in structured products involves significant risks. Investors should rely on their own evaluation to assess the merits and risks involved in investing structured products. Investors should therefore make sure they understand the terms and conditions applicable to structured products, the risk factors involved and where necessary, seek their own professional advice before entering into any transaction.
For the avoidance of doubt, nothing herein shall be deemed as, nor constitute, an offer, invitation or solicitation to trade or transact in any structured products.
THE RETURNS ON YOUR STRUCTURED PRODUCT INVESTMENT WILL BE AFFECTED BY THE PERFORMANCE OF THE UNDERLYING ASSET / REFERENCE, AND THE RECOVERY OF YOUR PRINCIPAL INVESTMENT MAY BE JEOPARDISED IF YOU MAKE AN EARLY REDEMPTION.
THIS STRUCTURED PRODUCT INVESTMENT IS NOT INSURED BY PERBADANAN INSURANS DEPOSIT MALAYSIA.
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