US range accrual


Maturity6 years
IndicesA leading benchmark US equity index and a mid cap US equity index
Start levelThe closing level of the indices on 20 November 2017.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 20 November 2023 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the index is below its start level. For example, if the index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the index is at zero, all the money invested by the fund in this pay-off would be lost.
Return2.04% per quarter accrued daily provided both indices are within the coupon barrier, as below.
Call featureIf at the close of business on 20 November 2019 the official close of both indices is within the autocall barrier, as below, the structured product will pay the accrued coupon and terminate. Otherwise, the structured product continues and the call feature is observed annually thereafter.
Coupon barrier85% - 115% of the Start Levels
Autocall barrier100–115% of the start levels, decreasing by 5% per annum for the lower autocall barrier only.


Hong Kong & Europe defensive autocall


Maturity6 years
IndicesA leading Hong Kong equity index and a leading European equity index.
Start levelsThe closing level of the indices on 19 January 2018.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 19 January 2024 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 6-year maturity.
Autocall level (expressed as a percentage of Start Level)Year 1: 100%
Year 2: 95%
Year 3: 90%
Year 4: 85%
Year 5: 80%
Year 6: 75%

ReturnYear 1: 9%
Year 2: 18%
Year 3: 27%
Year 4: 36%
Year 5: 45%
Year 6: 54%


UK & Hong Kong defensive autocall


Maturity6 years
IndicesA leading UK Equity Index and a leading Hong Kong Equity Index
Start LevelsThe closing level of the Indices on 4 May 2018
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 7 May 2024 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 6-year maturity.
Autocall level ( expressed as a percentage of Start Level )Year 1: 100%
Year 2: 95.65%
Year 3: 91.3%
Year 4: 86.95%
Year 5: 82.6%
Year 6: 78.25%
ReturnYear 1: 8.9%
Year 2: 17.8%
Year 3: 26.7%
Year 4: 35.6%
Year 5: 44.5%
Year 6: 53.4%


US & Europe defensive autocall


Maturity5 years
IndicesA leading US equity index and a leading European equity index.
Start LevelsThe closing level of the indices on 2 August 2018.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 2 August 2023 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 5-year maturity.
Autocall level (expressed as a percentage of start level)Year 1: 100%
Year 2: 95.69%
Year 3: 93.38%
Year 4: 87.07%
Year 5: 82.76%

ReturnYear 1: 8%
Year 2: 16%
Year 3: 24%
Year 4: 32%
Year 5: 40%


US & Japan defensive autocall


Maturity6 years
IndicesA leading US equity index and a leading Japan equity index.
Start LevelsThe closing level of the indices on 12 April 2019.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 14 April 2025 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 6-year maturity.
Autocall level (expressed as a percentage of start level)Year 1: 100%
Year 2: 96.35%
Year 3: 92.70%
Year 4: 89.05%
Year 5: 85.40%
Year 6: 81.75%
ReturnYear 1: 7.5%
Year 2: 15.0%
Year 3: 22.5%
Year 4: 30.0%
Year 5: 37.5%
Year 6: 45.0%


UK & US defensive autocall


Maturity6 years
IndicesA leading UK equity index and a US equity index.
Start LevelsThe closing level of the indices on 31 May 2019.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 2 June 2025 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 6-year maturity.
Autocall level (expressed as a percentage of start level)Year 1: 100%
Year 2: 97.25%
Year 3: 94.50%
Year 4: 91.75%
Year 5: 89.00%
Year 6: 86.25%
ReturnYear 1: 8.62%
Year 2: 17.24%
Year 3: 25.86%
Year 4: 34.48%
Year 5: 43.10%
Year 6: 51.72%


UK & Australia defensive autocall


Maturity6 years
IndicesA leading UK equity index and a leading Australia equity index.
Start LevelsThe closing level of the indices on 11 November 2019.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 12 November 2025 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 6-year maturity.
Autocall level (expressed as a percentage of start level)Year 1: 95%
Year 2: 92%
Year 3: 89%
Year 4: 86%
Year 5: 83%
Year 6: 80%
ReturnYear 1: 7.85%
Year 2: 15.70%
Year 3: 23.55%
Year 4: 31.40%
Year 5: 39.25%
Year 6: 47.10%


Japan & US defensive autocall


Maturity6 years
IndicesA leading Japan equity index and a mid-cap US equity index.
Start LevelsThe closing level of the indices on 4 December 2019.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 5 December 2025 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 6-year maturity.
Autocall level (expressed as a percentage of start level)Year 1: 100%
Year 2: 96.85%
Year 3: 93.70%
Year 4: 90.55%
Year 5: 87.40%
Year 6: 84.25%
ReturnYear 1: 7.5%
Year 2: 15.0%
Year 3: 22.5%
Year 4: 30.0%
Year 5: 37.5%
Year 6: 45.0%


UK & Europe defensive autocall


Maturity6 years
IndicesA leading UK equity index and a leading European equity index.
Start LevelsThe closing level of the indices on 7 January 2020.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 7 January 2026 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 6-year maturity.
Autocall level (expressed as a percentage of start level)Year 1: 100%
Year 2: 96%
Year 3: 92%
Year 4: 88%
Year 5: 84%
Year 6: 80%
ReturnYear 1: 7.79%
Year 2: 15.58%
Year 3: 23.37%
Year 4: 31.16%
Year 5: 38.95%
Year 6: 46.74%


UK & Australia defensive autocall


Maturity6 years
IndicesA leading UK equity index and a leading Australia equity index.
Start LevelsThe closing level of the indices on 24 February 2020.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 24 February 2026 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 6-year maturity.
Autocall level (expressed as a percentage of start level)Year 1: 100%
Year 2: 95.75%
Year 3: 91.50%
Year 4: 87.25%
Year 5: 83.00%
Year 6: 78.75%
ReturnYear 1: 7.5%
Year 2: 15.0%
Year 3: 22.5%
Year 4: 30.0%
Year 5: 37.5%
Year 6: 45.0%


Europe & US defensive autocall


Maturity6 years
IndicesA leading European equity index and a US mid cap equity index.
Start LevelsThe closing level of the indices on 28 February 2020.
Capital at riskShould the level of the lower performing index drop by 40% or more from its start level at the close of business on 2 March 2026 (the final level), the fund will lose money and the amount lost will be at least 40% of the amount invested by the fund in this pay-off (due to the nature of the capital protection barrier). The amount of money the fund would lose would be the percentage by which the final level of the lower performing index is below its start level. For example, if the lower performing index has fallen by 70%, the fund would lose 70% of the money invested in this structured product. In an extreme scenario, if the lower performing index is at zero, all the money invested by the fund in this pay-off would be lost.
Autocall featureIf the lower performing index is at or above its autocall level on the anniversary dates below, the fund will receive the return for that year and the structured product will terminate. Otherwise, the structured product continues up to a maximum 6-year maturity.
Autocall level (expressed as a percentage of start level)Year 1: 100%
Year 2: 94.95%
Year 3: 89.90%
Year 4: 84.85%
Year 5: 79.80%
Year 6: 74.75%
ReturnYear 1: 7.75%
Year 2: 15.50%
Year 3: 23.25%
Year 4: 31.00%
Year 5: 38.75%
Year 6: 46.50%

Disclaimer: A Key Investor Information Document, Supplementary Information Document and an English language prospectus for the Structured Product Fund are available via the Mattioli Woods website or on request, and potential investors should consult these documents before purchasing shares in the fund. The value of investments and the income from them can go down as well as up, and you may not get back the amount invested. Past performance is not a guide to future returns. This financial promotion is intended for UK residents only and is communicated by Mattioli Woods plc, which is authorised and regulated by the Financial Conduct Authority.

The information above is based on Mattioli Woods’ current expectations and is subject to change without notice.