Equity Linked Note Issue 1 - CLOSED
Equity Linked Note Issue 1 provides the opportunity to participate in the Market Performance of either the S&P 500 Low Volatility (US Market) or the S&P / ASX 200 (Australian Market) over a five year term. It provides 95% capital protection if held to maturity and the Participation Rate is dependent on your choice of market.
Currency: US dollar or AU dollar
Minimum amounts of US$20,000 or AU$20,000
Apply before 15 December 2017
5 years and 1 week
95% capital protection if held to maturity (capital loss limited to 5% of Initial Investment if Market Performance at maturity is negative)
US or Australian market choice
If at maturity Market Performance is positive, you receive a Market Linked Gain at a participation rate of:
• 75% on US$ or
• 140% on AU$
Start of offer period 09 October 2017
End of offer period 15 December 2017
Start Date 04 January 2018
Maturity Date 11 January 2023
Am I eligible?
You can apply for this Standard Bank Jersey Limited product if:
You are 18 years or over
You are a sophisticated investor
You are able to meet the minimum balance of US$20,000 or AU$20,000 (non-EU residents) or equivalent
South African residents only.