MLP Spectrum Brochure - Flipbook - Page 4
Distinguishing features
Combine fixed income
characteristics and
exposure to equity-like
performance
Offer the potential for
varying degrees of
growth, income, and/or
downside protection1
Can provide
access to strategies
predominantly used
by high-net-worth and
institutional investors
Can enhance
diversification across
geographic markets,
asset classes, time
horizons, and
performance outcomes
Types of Market-Linked Products
MLCD
PPN
Market-Linked Certificates
of Deposit
Similar to traditional CDs, MarketLinked CDs are issued by banks
and offer full principal back at
maturity.1 They also carry FDIC
insurance up to applicable limits
and an estate feature.1,2 Unlike
traditional CDs, any potential gain
and/or income generated is
linked to the performance of one
or more underlying assets.
MLN
Principal Protected Notes
Market-Linked Notes
Principal Protected Notes offer
full principal back at maturity.1
Any potential gain and/or income
generated is linked to the
performance of one or more
underlying assets. These senior
unsecured debt instruments are
issued by financial institutions
and carry credit risk similar to
corporate bonds.
Market-Linked Notes offer
varying degrees of principal
protection at maturity.1 Any
potential gain and/or income
generated is linked to the
performance of one or more
underlying assets. These senior
unsecured debt instruments are
issued by financial institutions
and carry credit risk similar to
corporate bonds.
Market-Linked Products are complex investments and may not be suitable for all investors,
yet they offer defined outcomes and characteristics that may be attractive to you.
1 Any return of principal, as well as interest and gains generated are subject to the credit risk of the issuer and terms of the offering documents, which could include participation
rates, interim caps, and various risks. Dividends paid on the underlying asset are not passed through to the Market-Linked Product. There is no guarantee that a Market-Linked
Product will generate a positive return. Any applicable downside protection will be realized only at maturity, which may range up to 10 years. For certain Market-Linked Notes,
return at maturity could be less than the original amount invested. Regarding Market-Linked CDs, the Federal Deposit Insurance Corporation (FDIC) insures principal amounts
up to applicable limits in the event the issuer becomes insolvent.
2 Market-Linked CDs may have an estate feature that, upon death or adjudication of incompetency, allows beneficiaries to redeem Market-Linked CDs for at least their principal
value, without interest, prior to maturity. Certain restrictions apply, and redemptions may be limited. Please refer to the investment’s offering documents for details.
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