| Term | Fixed |
| Return | Income |
| Sector | Protected Income |
| Income Calculation | The performance of the Underlying is measured on set dates during the term (for example, on a daily or weekly basis). For each date that the Underlying is within a certain range, a return is 'accrued' and paid as a periodic income payment. |
| Capital Repayment | Full repayment at maturity if held for the full term (subject to counterparty risk). |
| Investor Profile |
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Representing the collective interests of leading structured product manufacturers in the UK
The UK Structured Products Association ('UKSPA') is a membership organisation established by the leading manufacturers of structured products in the UK. UKSPA provides a unified voice for its members, working with regulators, financial advisers and other trade bodies. It serves a number of important functions, including engaging with regulators, developing best practice guidelines, educating the investment community and providing a useful source of information for manufacturers, financial advisers and retail investors within the UK.
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