Participate in the stock market's upside up to a pre-determined cap
Seeks to protect against potential losses during the outcome period with a buffer of 12% or 20%
A narrower range of potential return outcomes over a specified period
Based on 1-Year Potential Return Profile
Chart shows the CAP. Investor does not experience gains above the cap. Investor can experience first gains up to the cap.
Chart shows the BUFFER. Investor does not experience losses up to the buffer. The investor can experience losses below the buffer.
Chart shows the defined range between the CAP and the BUFFER. The investor can experience gains up to the cap and does not experience losses up to the buffer.
1
CAP
BUFFER
Investor does not experience gains above the cap
Investor can experience gains up to the cap
Investor does not experience losses up to the buffer
Investor can experience losses below the buffer
0%
Potential return profile (1-year)
For illustrative purposes only. There is no guarantee that the downside protection sought by a buffer or floor will be succesful.