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HILBERT launch new tranche of their Kick Out product

  • Monday, January 30, 2023
HILBERT launch
HILBERT –  launch new tranche of their Kick Out product
HILBERT launch
We write to inform you that Hilbert have announced the launch a new tranche of their Kick Out series: 3 Stock Defensive Autocall – Issue 13.A summary of the Kick Out Series: 3 Stock Defensive Autocall – Issue 13 

  • Term:  Up to 7 Years
  • Counterparty: Citigroup Global Markets Funding Luxembourg S.C.A. (‘Citigroup’)
  • Underlying: The share price of HSBC Holdings Plc, International Consolidated Airlines Group S.A., Vodafone Group Plc (‘The Shares’).
  • Potential Return: 20% p.a. (10% Semi Annually)
  • Capital Protection: 50% European
  • Strike date: 1st March 2023
  • Closing date: 28th February 2023

About Citigroup: Citigroup, acting through its Luxembourg entity Citigroup Global Markets Funding Luxembourg S.C.A. (“CGMFL”).

Long-term credit ratings for Citigroup Credit ratings and outlooks are subject
to change at any time. For the latest credit ratings, please visit www.citigroup.com/citi/investor/data/rate161219.pdf?ieNocache=377

Citigroup is a publicly traded company, with shares listed in New York. More
information on the company can be found at www.citigroup.com The payment
and delivery of all amounts due in respect of the Notes issued by CGMFL
will be unconditionally and irrevocably guaranteed by Citigroup Global Markets
Limited (“CGML”).

HILBERT launch new tranche of their Kick Out product

Full details can be found on Page 5 of the Brochure.
HILBERT launch
Kick Out Series: 3 Stock Defensive Autocall – Issue 13

  • Term:  Up to 7 Years
  • Counterparty: Citigroup Global Markets Funding Luxembourg S.C.A. (‘Citigroup’)
  • Underlying: HSBC Holdings Plc, International Consolidated Airlines Group S.A. , Vodafone Group Plc
  • Semi Annual Autocall Barrier:

HILBERT launch

Early Maturity: The Plan will mature early if the Closing Levels of all three Underlying Assets are at least equal to the relevant Reference Level on any Semi Annual Measurement Date from the end of the first 12 month period. If this happens, you will receive a Fixed Growth Return equal to 10% for each semi-annual observation date that has passed since the Start Date. You will also be repaid your original investment in full at this point.

Repayment of your investment if there is no Early Maturity: If the Final Level of any of the Underlying Assets is more than 50% below its Opening Level, you will receive back significantly less than your initial investment. The amount of your investment you receive back will be reduced by the same percentage amount that the worst performing Underlying Asset has fallen in value from the Start Date.

Expected Tax Treatment: Capital Gains Tax
Click here for more details of the Hilbert Kick Out Series: 3 Stock Defensive Autocall – Issue 13
Don’t Forget The RisksAs with all forms of investment there are risks involved. These plans do not guarantee to repay the money invested. The potential returns of the plans and repaying the money invested are linked to the level of the stock market and also depend on the financial stability of the Issuer and Counterparty Bank.

Past performance is not a guide to future performance and may not be repeated.  Investment involves risk. The performance data does not take account of the commissions and costs incurred on the issue and redemption of shares. The value of investments and the income from them may go down as well as up and investors may not get back any of the amount originally invested. Because of this, an investor is not certain to make a profit on an investment and may lose money. Exchange rate changes may cause the value of overseas investments to rise or fall.

The promotion of the plans does not constitute ‘advice’ to invest. Advice is always specific to an individual investor’s circumstances and needs, following the process of ‘know your customer’, with the aim of ensuring that any product is suitable for an investor.

As always, the recommendation and common sense approach is to consider product solutions as a portfolio, never over-exposing oneself to a point of financial pain and suffering liquidity or counterparty over exposure.

At the Best Price FS price the Hilbert Plans are certainly worthy of consideration for inclusion within investment portfolios.

We would like to thank you for your continued interest in our Investment services and look forward to receiving your continued support.

Warmest Regards.

Best Price FS Team
Advice: Simply click here to get in touch if you wish to receive regulated advice in relation to the ‘suitability’ of the plans to meet your investment needs.