Products description

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.

• 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.