Citigold Private Client offers you a wide variety of structured products to access capital markets and enhance your portfolio performance. A Structured Note can offer you the best of both worlds, combining growth potential with the ability to protect* your initial investment.
Typically, a Structured Note combines two elements: A bond (that protects* your principal) makes up most of the investment (typically between 80%-95% in principal protected structures), and the rest of your money is put into a derivative.
The bond element of your Structured Note can be designed to give you a return that equals your initial investment (as long as you keep the product until maturity, your principal will be protected). The derivative element offers you the potential to achieve higher returns when compared with a standard deposit.
Structured Note terms are generally between 6 months and six years and it is important that you can afford to tie up your money for that period, because your principal is only protected* when Structured Notes are held for their full term.
Citigold Private Client regularly launches new Structured Notes that take advantage of current market conditions and Citi's expert investment advice. This ensures our Structured Notes are always competitive and provide you with the opportunity to benefit in changing markets.
Please note: These are examples only, they are not recommendations or advice. Please talk to your Citigold Private Client Relationship Manager or Financial Adviser to identify Structured Notes that best suit your needs.
For example, you could choose a two year 100% principal protected Structured Note linked to gold, available in US Dollars / Euros or Sterling. At maturity, the investor receives 100% of the principal investment, and has the potential to get higher returns subject to the favorable movement in the price of gold over the two-year term.
Another option could be a one year autocall note linked to RDX (Russian Depositary Index). The note can be called every quarter if the index is above the initial level and the investor will get full principal back* plus 25% annualized coupon. To achieve such a high coupon rate, we would need to put some principal at risk. But principal becomes at risk only at maturity, if the index falls more than 25%. Any other index can be used as an underlying.
In addition to the wide range of Structured Notes we offer, we can put together an individual product that matches your requirements. So if you want the investment portion to target a particular sector or you would prefer to not 100% protect your principal for the potential of higher returns, this can also be arranged. We regularly provide this service for clients based on their needs combined with our experts' opinions of future growth sectors.
You can take out a Structured Note in Euro, US Dollars, Sterling or other currencies with a minimum investment of EUR 100,000 (or currency equivalent). Tailored Structured Notes usually have a minimum investment of US $1,000,000 (or currency equivalent).
Structured Notes are innovative and flexible investment products that suit a wide range of investors.
Citigold Private Client gives you access to the leading providers of Structured Notes to give you more choice and allow you to benefit from the experience of some of the world's top financial companies. We work with various external issuers to structure products that are suitable for you.
As a Citigold Private Client you have access to our Citi wealth management service, where your dedicated Citigold Private Client Relationship Manager will work with you to build a long-term strategy and investment portfolio that is matched to your specific requirements.
Structured Notes are not suitable for everyone. Investors assume full credit risk of the Issuer and/or the Guarantor. This means that should the Issuer and/or the Guarantor become insolvent or fail in any other way you may not receive back any of your investment monies, not even the initial investment amount as the principal protection will not apply in this situation.
Payment of your original investment, interest or any other amounts due under or pursuant to the Notes are not protected by the Financial Services Compensation Scheme Limited (the "Scheme") in the UK or any other similar scheme that may operate in Jersey or Switzerland, in the event of the Issuer and the Guarantor being unable to meet any of their obligations under or pursuant to the Notes. You assume the full credit risk of the Issuer and the Guarantor defaulting on their obligations.
Notes are not designed to be liquid and investors should intend to hold their Notes until maturity. Notes may have no established trading market or a trading market that is not very liquid. Therefore, investors should be aware that they may not be able to sell their Notes easily or at prices that would provide them with a comparable yield to similar investments that have a developed secondary market.
* Please note: All Structured Notes are subject to Issuer risk and should be held until maturity to avoid principal loss. Clients must be willing to accept the credit risk of the issuer through until maturity of the Structured Note.
This product is available through our London, Jersey, and Swiss booking centres.
| Already a client | Interested in joining us? |