Hilbert Investment Solutions launches 3 Stock Defensive Autocall Issue 6
Hilbert Investment Solutions, a London, Paris, Luxembourg, and Belgium based structured product provider, is taking a new approach in the development of its structured product offerings with the launch of 3 Stock Defensive Autocall Issue 6.
3 Stock Defensive Autocall Issue 6 is the latest structured product in Hilbert’s Kick Out Series designed for investors seeking capital growth over income. As the name suggests, it is linked to the performance of three FTSE 100 stocks Barclays PLC, Aviva PLC, and Vodafone Group.
The plan aims to provide investors with a fixed growth return of 10 per cent paid semi-annually based on the performance of its underlying assets.
The counterparty for the product is Citigroup Global Markets Funding Luxembourg SCA (Citigroup), and the plan has the potential to mature early, even if the value of the underlying assets has fallen, which is a feature sought after by Independent Financial Advisers (IFAs).
Hilbert’s Head of UK Distribution Dasale Mallawa-Arachi says: “As with previous tranches of our 3 Stock Defensive Autocall we’ve already seen a huge amount of positive interest into issue 6. Our existing client base has already benefited from the enhanced returns these plans have offered. This type of structured product allows our clients to take advantage of lower market levels while combing it with a significant degree of capital protection and a potential positive return even if the stocks fall in value from their strike. An important strategic move in these uncertain times.”