This may be appealing to you as it is principal protected and no charges. It is a 18 month structure, that is based on a stock (we are considering Vodaphone at the moment).
How does it work?
• If the stock price is between 0- 20% you get the full return of the stock. So for example, Vodaphone is at 15% in 18 months time, you will get 15% return
• If the stock is at or above 20%, you will receive 2.75% . For example, the stock is at 30%, you will get a fixed return of 2.75% on maturity of the note, which is as good as the time deposit.
• If the stock price is below 0%, you get back your principal
Do let me know if you are interested, I can explain further. Have a great weekend ahead.
Warmest Regards,