5 Year Review Structured Product Review 2024

StructuredProductReview. com

Analysis and Annualised Performance by Product Shape - Autocall/Kick-Out Products (All Products) By Product Type Capital at Risk Deposits and Capital Protected Structured Product Maturities 2023 2022 2021 2020 2019 Average 2023 2022 2021 2020 2019 Average

All products Number of product maturities

420 410

433 433

395 386

87 67

158 152

299 290

34

22 22

5 4

10

19 15

18 15

Number of products producing positive returns Number of products returning capital only

31

1

5 5

0 0

8

13

3 3

6 3

3 0

0 0

1

9 0

4 0

3 0

Number of products which lost capital

1

7

0

Average duration / term (years) Average annualised return All products

2.49

2.73

2.90

3.18

2.35

2.69

4.15

3.87

3.60

5.71

3.63

4.11

7.41%

7.22% 9.40% 5.56%

7.07% 9.69% 4.88%

4.47% 9.84% -5.17%

7.16% 9.90% 4.00%

7.07% 9.85% 4.22%

3.69% 5.13% 1.68%

4.17% 5.59% 3.04%

3.99% 5.67% 0.00%

0.29% 0.97% 0.00%

2.94% 4.12% 0.54%

3.29% 4.60% 1.49%

Upper quartile Lower quartile

10.45% 4.23%

Capital at Risk Autocall Plans 2019-23

Deposit Autocall Plans 2019-23

500 450 400 350 300 250 150 100 50 0

3.5

40 35 30 25 20 15 10 5 0

6

3

5

2.5

4

2

3

1.5

No. of Positive Returns No. Returning Capital Only No. Realising Loss Average Term (RHS)

2

No. of Plans

No. of Plans

1

No. of Positive Returns No. Returning Capital Only Average Term (RHS)

1

Average Term (Years)

Average Term (Years)

0.5

0

0

2023

2022

2021

2020

2019

Average

2023

2022

2021

2020

2019

Average

12% 10%

6%

8% 6% 4% 2% 0%

4%

2%

-2% -4% -6% -8% Average Annualised Returns

All Products Upper Quartile

All Products Upper Quartile

0% Average Annualised Returns

Lower Quartile

Lower Quartile

2023

2022

2021

2020

2019

Average

2023

2022

2021

2020

2019

Average

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