Merchant Securities offers Hindsight structured product

Merchant Securities has launched a structured product with a built in hindsight feature. The hinds...

Merchant Securities has launched a structured product with a built in hindsight feature. The hindsight feature means that the growth over the life of the structured note is measured from the lowest point of 12 monthly observation dates in the first year. The FTSE 100 Hindsight Note also has a 90% capital protection provision and offers enhanced returns of 140% of the index growth. This is capped at a maximum index growth of 59%. Sales director Wayne Ellis explained, “The ‘Hindsight’ Note offers investors leveraged exposure to the FTSE-100. The hindsight aspect is particularly valuable ...