|Causeway Securities FTSE CSDI Step Down Kick-Out Plan – July 2022
Potential Investment Return: The Causeway Securities FTSE CSDI Step Down Kick-Out Plan – July 2022 is a maximum 10 year plan offering a Potential Investment Return of 8.75% for each year the Plan runs (paid gross), only payable if the Plan Kick-Out.
Kick Out Barrier: The Plan will Kick-Out if the respective Closing Level of the Underlying Asset, on any Observation Date from end of Year 2, is at or above the Kick Out Level. In this event an investor will receive their Initial Capital back, plus a Potential Investment Return of 8.75% for each year that the Plan has been in existence. The first Observation Date on which an early maturity could be triggered will be 8 July 2024, two years after the Start Date.
Capital Protection Barrier: 65% of the Opening Level (observed on the Final Observation Date of the Plan only). If on the Final Observation Date the Closing Level of the Underlying Asset is less than 65% of its Opening Level (representing a decline of more than 35% from the Opening Level), your Initial Capital will be lost at a rate of 1% for every 1% that the Final Level of the Underlying Asset is below its Opening Level.
Counterparty Risk: If the Counterparty were to fail or become insolvent, you could lose some or all of your investment and any return that may be due, irrespective of the performance of the Underlying Asset.