Did You Invest in HSBC’s Leveraged Buffered Uncapped Market Participation Securities CUSIP: 40435FUB1 (CUSIP: 40435FUA3) Linked to the EURO STOXX 50® Index
According to HSBC’s prospectus on CUSIP: 40435FUB1:
The securities are designed for investors who believe the Reference Asset will appreciate over the term of the securities. If the Reference Return is below the Buffer Level, then the securities are subject to a 1:1 exposure to any potential decline of the Reference Asset beyond the Buffer Level of -10%.
Investors ought to be cautious with this type of investment. According to the Financial Industry Regulatory Authority (FINRA):
If you bought the structured product known as HSBC Leveraged Buffered Uncapped Market Participation Securities CUSIP: 40435FUB1 Linked to the EURO STOXX 50® Index, and it was sold to you as a safe, liquid, and/or conservative investment, and then you suffered losses, you may have a claim. Contact the attorneys at Sonn Law Group for free consultation.
Image credit: Håkan Dahlström via Flickr