fbpx

Investment & Insurance Blog

Currently browsing Latest Posts

HILBERT FTSE 100 EW45 Super Defensive Autocall

  • Monday, January 30, 2023
HILBERT FTSE 100
HILBERT – launch new tranche of their FTSE 100 EW45 Super Defensive Autocall – Issue 4
HILBERT FTSE 100
We write to inform you that Hilbert have announced the launch of a new tranche of their FTSE 100 EW45 Super Defensive Autocall – Issue 4.A summary of the Kick Out series: FTSE 100 EW45 Super Defensive Autocall – Issue 4

  • Term:  Up to 10 Years
  • Counterparty: Citigroup Global Markets Funding Luxembourg S.C.A. (‘Citigroup’)
  • Underlying: : Semi Annual Autocall Barrier: FTSE 100 Equally Weighted 45 Point Decrement Index FTSE Decrement Index Series | FTSE Russell
  • Potential Return: 9% p.a.
  • Capital Protection: 60% European
  • Strike date: 6th March 2023

About Citigroup: Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Long-term credit ratings for Citigroup
Credit ratings and outlooks are subject to change at any time. For the latest credit ratings, please visit https://www.citigroup. com/citi/investor/rate.htm

Citigroup is a publicly traded company, with shares listed in New York. More information on the company can be found at www.citigroup.com The payment and delivery of all amounts due in respect of the Notes issued by CGMFL will be unconditionally and irrevocably guaranteed by Citigroup Global Markets Limited (“CGML”).

Citigroup has not prepared this document and therefore accepts no responsibility for its contents, nor any liability for any losses in connection with the information contained herein.

What are credit ratings, and what do they mean?
Credit ratings can be a useful tool to help you assess the risk of a company defaulting on its obligations to you. They are assigned by independent ratings agencies and are reviewed regularly. They reflect the agencies assessment on how likely a company is able to pay its debts.

Ratings range from AAA (the highest and assigned to companies that are considered to be at very low risk of defaulting on their debts) to D (the lowest and assigned to companies that are in default). A company is considered to be ‘investment grade’ if it has a rating ranging from AAA to BBB-, and ‘non-investment grade’ if it has a rating below this.

Hilbert Kick-Out Series: FTSE 100 EW45 Super Defensive Autocall – Issue 4

The Hilbert FTSE 100 EW45 Super Defensive Autocall – Issue 4 has an investment term of up to 10 years and offers a Potential Return of 9% p.a.

The Plan will mature early if the Closing Level of the Underlying Asset is at least equal to the relevant Reference Level on any Annual Measurement Date from the 6th March 2026. If this happens, you will receive a Fixed Growth Return equal to 9% for each annual observation date that has passed since the Start Date. You will also be repaid your original investment in full at this point.

If the Final Level of the Underlying Asset is more than 40% below its Opening Level, you will receive back significantly less than your initial investment. The amount of your investment you receive back will be reduced by the same percentage amount that the Underlying Asset has fallen in value from the Start Date.

Start Date: 6th March 2023. This is the date that the Opening Level of the Underlying Asset is recorded (the official index closing level).

Maturity Date: 21st March 2033 (11 Business Days immediately following the Final Valuation Date, which is the date the Final Level of the Underlying Asset is recorded).
Click here for more details of the Hilbert Kick Out Series: FTSE 100 EW45 Super Defensive Autocall – Issue 4
Don’t Forget The RisksAs with all forms of investment there are risks involved. These plans do not guarantee to repay the money invested. The potential returns of the plans and repaying the money invested are linked to the level of the stock market and also depend on the financial stability of the Issuer and Counterparty Bank.

Past performance is not a guide to future performance and may not be repeated.  Investment involves risk. The performance data does not take account of the commissions and costs incurred on the issue and redemption of shares. The value of investments and the income from them may go down as well as up and investors may not get back any of the amount originally invested. Because of this, an investor is not certain to make a profit on an investment and may lose money. Exchange rate changes may cause the value of overseas investments to rise or fall.

The promotion of the plans does not constitute ‘advice’ to invest. Advice is always specific to an individual investor’s circumstances and needs, following the process of ‘know your customer’, with the aim of ensuring that any product is suitable for an investor.

As always, the recommendation and common sense approach is to consider product solutions as a portfolio, never over-exposing oneself to a point of financial pain and suffering liquidity or counterparty over exposure.

At the Best Price FS price the Hilbert Plans are certainly worthy of consideration for inclusion within investment portfolios.

We would like to thank you for your continued interest in our Investment services and look forward to receiving your continued support.

Warmest Regards.

Best Price FS Team
Advice: Simply click here to get in touch if you wish to receive regulated advice in relation to the ‘suitability’ of the plans to meet your investment needs.