Product descriptions


The links below will take you to detailed information on some of the many product types which issuers currently have in issue – this is not a exhaustive list, nor are the issuers restricted to issuing these types of product.  Worked examples and charts will aid your understanding of how these products work.

 

Trackers

Directly replicate the performance of an underlying asset.

 

Accelerated trackers

Track an underlying asset with geared upside and 1:1 downside.

 

Reverse trackers

Has an inverse relationship with the underlying instrument – gives upside exposure to a downward movement in the underlying.

 

Bonus trackers

Replicates performance of the underlying without leverage, with bonus payment on expiry if underlying remains within a particular range.

 

Discount trackers

Replicates performance of an underlying, but this exposure is given at a discount and gains are capped.

 

Capital protected

Participates in movement of the underlying at a fixed percentage, and a set level of capital invested is protected.

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