Losses on maturing products

structured products

scottish life international income & growth bond 3, linked to three indices, is worst performer

Of the 18 structured products maturing between 20 January and the end of February, only three will have lost investors their original capital, despite all of them being set up at the height of the market. Most of the products maturing this month and next were linked to the FTSE 100 and established with strike levels of between 5,500 and 6,200. The FTSE 100 is currently at around 4,400. Only three of the vehicles listed on structuredretailproducts.com as maturing over the next month-and-a-half were designed as income-producing products and priced using reverse convertibles. A reverse conve...