This 18-Month S&P 500® Structured Note can turn part of your fixed-income allocation into the downside protection your portfolio wants. 📉➡️📈
Looking to reduce downside risk without selling stocks (and triggering capital-gains taxes)? Or a cash/fixed-income alternative while markets are high?
In this short video, Ira Koyner — The Original IRA — explains a defined-outcome structured note tied to the S&P 500® that targets:
Targeted Outcomes
Upside when markets rise: 50% participation up to a 6.0% max return over ~18 months. 📈 Mimicking the fixed-income returns you currently own plus the appreciation on your equities.
Positive return in modest declines:+75% of the decline when the index finishes 0% to −32% (max return +24%). 🛡️ This offsets losses on your current equity position, possibly better than your fixed-income position can.
Defined buffer in deep selloffs: Losses begin only after the market has already fallen more than 32%. ⚠️
Accessibility: Structured notes are not just for the uber-wealthy. They can be purchased in increments of $1,000.
Why It’s Useful
Reduce downside risk without selling appreciated holdings—helping avoid capital-gains taxes—while still keeping a defined outcome if markets rise.
Illustrative Payoff (Structured Note vs SPY & Bond)
Talk With Us
Not sure if this approach fits your portfolio? Let’s tailor scenarios to your goals.
TRIATHLON PARTNERS LLC is a registered investment adviser. Information is for educational purposes only and is not an offer or solicitation to buy/sell any security or strategy. Investments involve risk and, unless otherwise stated, are not guaranteed. Consult a qualified financial and/or tax professional before implementing any strategy. Past performance is not indicative of future results.
By ira
October 28, 2025
