ACI introduces Russian kick-out plan

Arc Capital & Income has rolled out an auto-callable plan linked to the Russian stock market. Arc E...

Arc Capital & Income has rolled out an auto-callable plan linked to the Russian stock market. Arc Emerging Markets Plan Series 1 - Russian Linked offering a growth payment of 20% for each year the plan runs. The five-year plan is based upon the RDX USD, a capitalization-weighted price index comprising 14 Russian blue-chip stocks which are traded on the LSE in US dollars. If the index is 90% or more of its starting level after one year, the plan will mature and return 20%. If this is not the case, the plan will roll over into year two and continue to run until any anniversary where the i...