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This investment is a non-principal protected structured product, which will be held until maturity, subject to an occurrence of a Knock-Out Event. If a Knock-Out Event occurs, the initial investment will be returned along with the monthly fixed coupon prior to maturity.
As an investor, you will earn a monthly fixed coupon until maturity, as long as a Knock-Out Event does not occur. If a Knock-Out Event occurs, the investment will be terminated and the issuer shall redeem the investment and 100% of Principal amount plus coupon amount for the coupon period to be settled in cash on the relevant coupon payment date.
Non-Principal Protected Autocallable Equity Linked Investment is referencing to various equities includes local stocks and foreign stocks.