Maturity of Autocallable Notes bring big returns for deVere clients

29 Apr

It was a big day for  many of deVere Group’s clients yesterday, as news that the UBS Developed Markets Autocallable 1 Note and Goldman Sachs US, Europe and Hong Kong Autocallable 15 Note matured after 12 months in operation.

In the case of the UBS Developed Markets Autocallable 1 Note, as well as receiving their initial full capital back, deVere clients invested in this note will receive returns of 10.40% for $US and 10.80% for GBP.
On the valuation date, the FTSE100, S&P 500 and Eurostoxx 50 indices were all above their initial strike date levels.

With the Goldman Sachs US, Europe and Hong Kong Autocallable 15 Note also maturing after 12 months, as well as their initial capital, deVere clients invested in this note will welcome returns of 11.30%.

On the valuation date, the Hang Seng, S&P 500 and Eurostoxx 50 indices were all above their initial strike date levels.

These early maturity dates and high returns for our clients is, of course, fantastic news for our clients. It is also what being an independent financial adviser is all about: helping clients achieve and exceed their personal financial ambitions.

I look forward to deVere Group’s programme of autocallable notes bringing even further success for our clients.

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