Structured note 'offers benefit of hindsight'

Merchant Securities says its FTSE 100 Hindsight Note offers investors a way to hedge against the current volatility experienced in UK large cap equity markets. The hindsight feature works by ensuring the growth over the life of the product is measured from the lowest point of 12 monthly observation dates in the first year. It adds this benefit is combined with a 90% capital protection provision and enhanced returns of 140% of the index growth, capped at a maximum growth of 59%. “The hindsight aspect is particularly valuable in the context of the current volatile markets, as it significan...