Hilbert Investment Solutions launches Conditional Quarterly Autocall Issue 8

Hilbert Investment Solutions has launched ‘Conditional Quarterly Autocall Issue 8’ a new publicly available structured product in its ‘Income Series’. *

The product which invests in both the FTSE 100 and EUROSTOXX indices aims to pay investors 2.025% on a quarterly basis provided that the closing levels of both indices are at least equal to 80% of their opening levels on any quarterly measurement date.

Conditional Quarterly Autocall Issue 8 is aimed at investors who are seeking long term investment opportunities (up to ten years), but will mature early if the closing levels of both indices are at least equal to 110% of their opening levels on any quarterly measurement date from the 4th of March 2019.

Hilbert’s founder Steve Lamarque said “Given the success of the previous structured products in our income series I’m delighted to announce the launch of Conditional Quarterly Autocall Issue 8”.

“We’ve tailored this product for investors who are seeking long term opportunities and have specific investment goals and I’m confident that this product will suit many people in this category”, said Lamarque.

Conditional Quarterly Autocall Issue 8 is issued by Citigroup Global Markets Funding Luxembourg S.C.A. and administrated by Hargreave Hale Limited

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Notes to editors

* Note: Conditional Quarterly Autocall Issue 8 is the eighth version of this structured product available in Hilbert’s Income Series which is comprised of 11 structured products in total.

The issue 8 version of this product is the first to be available to the public.

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1. About Hilbert Investment Solutions

The firm was established in 2012 by former Old Mutual head of structured products Steve Lamarque to specialise in cross asset, structured solutions covering equities, rates and commodities.

Hilbert specialises in innovative, forward-looking investment solutions, often tailored to individual client needs. The team can design structures to meet a specific performance target, match a particular appetite for risk or satisfy environmental or social responsibility expectations.

Hilbert believes that delivery is just as important as structuring, with ongoing client support including high quality research which enables distributers to explain the rationale behind the tools and ideas and how they fit within investment portfolios.

In 2016, Hilbert joined the UK Structured Products Association and aligned itself to the UKSPA Code, utilising its product risk rating.

2. About Conditional Quarterly Autocall Issue 8

  • The maximum investment term is up to ten years and is linked to the performance of the FTSE 100 and EUROSTOXX indices.

  • The counterparty credit rating is A+ and the minimum investment amount is £5,000.00

  • UK Conditional Quarterly Autocall issue 8 is administrated by Hargreave Hale Limited

The investor will receive an income payment of 2.025% for each quarterly measurement date that the closing level of the FTSE 100 and EURSTOXX indices are at least equal to 80% of their opening levels.

The income is paid gross. If the closing level of the FTSE 100 and EUROSTOXX indices are below 80% of their opening levels on a quarterly measurement date, no income will be paid for that quarter. Once the plan has matured, no further income will be paid.

The plan will mature early if the closing level of the both indices are at least equal to 110% of their opening levels on any quarterly measurement date from 4th of March 2019.

If this happens, the investor will receive the income payment for that quarter, and the repayment of their original investment in full at this point.

Hilbert will charge a one-off distribution fee of up to 1.5% to cover its costs for marketing the Plan. No part of this fee will be used to pay a financial adviser.

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