5 Year Review Structured Product Review 2024

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Analysis and Annualised Performance by Product Shape - Income Products (FTSE* Only) 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

FTSE Only Number of product maturities

79 79

76 76

28 28

23 23

43 43

50 50

1 1

12 12

10 10

8 8 0 0

12 12

9 9 0 0

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

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

0 0

Number of products which lost capital

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

4.10

3.64

4.21

5.90

5.05

4.30

6.00

6.00

5.40

6.01

6.00

5.86

5.01% 6.36% 3.71%

5.08% 6.39% 3.97%

5.07% 5.93% 4.39%

5.25% 5.84% 4.79%

5.56% 6.73% 4.49%

5.16% 6.34% 4.10%

3.44%

3.87% 4.40% 3.51%

3.65% 4.38% 2.84%

4.06% 4.47% 3.56%

4.51% 5.72% 3.70%

4.02% 4.67% 3.33%

Upper quartile Lower quartile

- -

FTSE Only Capital at Risk Income Plans 2019-23

FTSE Only Deposit Income Plans 2019-23

90 80 70 60 50 40 30 20 10 0

7

14

6

6

12

5

5

10

4

4

8

3

3

6

2

No. of Plans

No. of Plans

2

4

1

Average Term (Years)

Average Term (Years)

1

2

No. of Positive Returns Average Term (RHS)

No. of Positive Returns Average Term (RHS)

0

0

0

2023

2022

2021

2020

2019

Average

2023

2022

2021

2020

2019

Average

10%

6%

8%

4%

6%

2%

All Products Upper Quartile

All Products Upper Quartile

4%

2% Average Annualised Returns

0% Average Annualised Returns

Lower Quartile

Lower Quartile

2023

2022

2021

2020

2019

Average

2023

2022

2021

2020

2019

Average

*FTSE 100 or FTSE CSDI which measures the performance of the same 100 shares in the same weightings as the FTSE 100 but accounts for dividends differently. The two are over 99% correlated, so we have therefore grouped the two underlyings for the purpose of this review and refer to them collectively as FTSE.

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