1299 - Income Other
||The payment of income depends on the performance of the Underlying and is not captured by the other Protected Income product descriptions.
||Full repayment at maturity if the Underlying meets certain pre-specified conditions (for example, closing above a certain level (the 'protection barrier'). This can be measured throughout the term (sometimes referred to as an 'American' barrier) or at maturity only (sometimes referred to as an 'European' barrier), depending on the terms of the product. If the condition is not met, capital is at risk. The repayment of capital will typically depend on how far the Underlying has fallen at maturity.
- Does not expect the Underlying to breach the condition required to protect capital, but understands their capital is at risk if it does.
- Has a moderate to high risk profile (willing to put capital at risk).
- Requires an income from their investment.
- Expectations of Underlying performance depend on the income calculation as described in the product brochure.
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