Merchant Capital offers second EM kick-out plan

The three-year structured product is linked to the iShares MSCI Brazil Index fund and the Hang Seng China Enterprises index. At the end of each six month period, if both the underlying indices are 5% or more above their initial levels, the plan matures early and offers a growth payment of 7% for each completed six month period from the start date to maturity, subject to counterparty risk. Return of capital at the end of the term is dependent on the performance of the two underlyings and is not guaranteed. If either has decreased by more than 50% from its initial level measured on m...