The plan, UK Conditional Quarterly Autocall – Issue 6, is the latest instalment in Hilbert’s Income Series and it will aim to provide clients with an annual return of 7% depending on the performance of the FTSE 100 Index.
The plan has an investment term of up to nine years and 11 months however, it also has the ability to mature early if the closing level of the FTSE 100 index is at least equal to 105% of its opening level on any quarterly measurement date from 22nd March 2021.
Should this happen, then the investor will receive the income payment for that quarter, and the repayment of their investment in full at this point.
Hilbert’s founding partner, Steve Lamarque, said: “We’re thrilled to announce the re-launch of our latest structured product.
“I hope that this initiative will provide an investment opportunity for clients who missed the boat previously and may be seeking an investment with a pre-defined strike level.”
Hilbert Investment Solutions specialises in the design and distribution of structured investment products and structured deposits to meet the needs of retail, high net worth and institutional clients.
It has offices in Paris and London.