1) SPXFP – S&P Futures Excess Return (Callable 5Y, Non-Call 1Y)

• Contigent Barrier: 30% at maturity
• Autocall: One-time at 1 year, 13% if index ≥ 100%
• Upside Participation: 2.5x (uncapped)
• Max Loss: 100%

Attractive participation with potential early take-out after year one.

2) Worst of SX5E / EFA – Fixed 5Y

• Contigent Barrier: 30% at maturity
• Upside Participation: 2.4x (uncapped)
• Max Loss: 100%

Euro Stoxx 50 and international developed (EAFE) exposure with leveraged upside.

3) SPXFP – S&P Futures Excess Return (Fixed 5Y)

• Contigent Barrier: 30% at maturity
• Upside Participation: 2.154x (uncapped)
• Max Loss: 100%

Pure U.S. equity proxy with defined barrier and uncapped multiple.

4) Worst of Dow Jones (INDU) / Nasdaq (NDX) / Russell 2000 (RTY) – Fixed 5Y

• Contigent Barrier: 30% at maturity
• Upside Participation: 1.95x (uncapped)
• Max Loss: 100%

Diversified U.S. mix—large caps (Dow), tech (Nasdaq), and small caps (Russell).

5) Worst of Nasdaq (NDX) / Russell 2000 (RTY) – Callable 1Y 9M, Non-Call 3M

• Contigent Barrier: 20% at maturity
• Contingent Coupon: 11.25% p.a., paid monthly if both indexes ≥ 80%
• Issuer Call: Monthly at issuer discretion
• Principal Exposure: If both are at/above the barrier at maturity, principal is returned (coupons depend on monthly conditions). Max Loss 100%.

Income-oriented design with a lower (20%) barrier, contingent on monthly observations and final level at maturity.

Key Takeaways

• Notes 1–4 are primarily growth-oriented with leveraged participation and 30% maturity barriers.
• Note 5 is income-oriented (monthly coupons) with a 20% barrier and issuer call feature.
• All notes carry issuer credit risk and potential loss of principal if barriers are breached at maturity.

Important Considerations (Read Before Investing)

• Complexity: These are derivative-linked securities; performance depends on index behavior and note mechanics.
• Barrier Risk: Protection applies only as described at maturity; interim declines can still occur.
• Issuer Credit: Payments depend on the issuing bank’s ability to meet obligations; not FDIC insured.
• Liquidity: Secondary market is limited/at issuer’s discretion; plan to hold to maturity.
• Tax Treatment: May be complex and differ by structure; consult a tax professional.
• Concentration: Integrate within a diversified portfolio; avoid over-allocating to a single note or theme.
• Suitability: Not appropriate for all investors; ensure alignment with objectives, horizon, and risk tolerance.

Next Steps

Schedule a conversation or call your Triathlon Partners advisor.