UK Wrap: Emerging Markets and bonds appear as underlyings

MSS has launched its first structured product in the UK market, offering a 100% capital protection. The six-year investment gives 100% participation in an equally-weighted basket consisting of four underlyings - subject to a maximum return of 45% growth.

The underlying basket consists of 25% each of the FTSE 100 Index, the S&P Global Infrastructure Index, the iShares MSCI Emerging Markets Index (ETF) and the iShares iBoxx Liquid Investment Grade Corporate Bond Fund (ETF).

If, at the end of the six-year term, the final level of the basket is above the initial level, the investor receives a return equal to the percentage difference between the basket's initial level and the averaged final level multiplied by the 100% participation rate. For