The investment seeks to provide investors with returns (before fees and expenses) that either match the positive price return of the State Street® SPDR® S&P 500® ETF Trust up to a predetermined upside cap or match the absolute value of the negative price return of the Underlying ETF up to a specified threshold, while also seeking to provide a 10% buffer (the “Buffer”) against losses that exceed the Inverse Performance Threshold over an approximate one-year period (the “Target Outcome Period”)... Show more
Category Trading