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Equity-Linked Notes (ELN)

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If you are seeking to earn a potentially higher interest income on your investment while targeting to buy the underlying shares1 at a pre-agreed Strike Price2 for a fixed investment period3, the Equity-Linked Notes (ELN)1 is one of the investment options that might be suitable for you.

Features &
Benefits

  • You have the opportunity to earn potentially higher interest income (in the form of interest rates) than normal market deposit
  • You have the opportunity to buy underlying shares1 at a pre-agreed Strike Price2 chosen by you
  • You do not have to pay any brokerage charges, clearing fees, or GST on the purchase of the underlying shares. You only have to pay the costs (if any) incurred for the delivery of the underlying shares1
  • You enjoy one of the most competitive rates in the market. By capitalising on shares movements, you have the chance to maximise market opportunities and make your money work harder by earning more attractive interest rates
  • Enjoy a flexible choice of Singapore, Hong Kong, US, Australia and New Zealand share counters and tenors, starting from one month
  • No upfront fees payable/charged

Potential
Risks

  • ELN1 are NOT principal guaranteed/protected and you may not receive your investment amount in cash. The total value of the underlying shares and interest amount may be less than your investment amount
  • In receiving a potentially higher interest income, you must be willing to accept the risk of purchasing the underlying shares at the pre-agreed Strike Price that is higher than the market price on maturity
  • ELN1 are investment products that should be held to maturity. If you need to sell (terminate) your ELN1 prior to maturity, you will have to sell the ELN1 back to the Bank at the BuyBack price determined by the Bank based on the prevailing market conditions. The amount you receive based on the BuyBack price may be substantially less than the original investment amount invested

More Information

For queries or comments, please:
  • Contact Us
  • Visit us at:

    United Overseas Bank Limited
    Corporate Sales
    80 Raffles Place
    5th Storey UOB Plaza 1
    Singapore 048624  

Notes
1ELN are available for selected counters on the Singapore, Hong Kong, US, Australia and New Zealand stock markets. UOB is unable to issue ELN on UOB or UOB-related shares. For more information, please contact your Relationship Manager.
2Strike Price refers to the price at which investors will buy the underlying shares if the Bank decides to deliver the underlying shares instead of the principal amount to the investor at maturity. The investor can choose from popular strike levels which are 3%, 5% or 7% below current share price. The Strike Price and/or number of shares will be adjusted if corporate actions such as bonus issue, rights issue, shares splits, or shares consolidation occurs. Cash distributions such as dividend payouts expected to occur during the investment period are already factored into the interest income and no further adjustments will be made.
3Investment period ranges from one month to a year. Issue Date can start three, five or ten business days after the order placement.

This document is not an offer to sell or a solicitation of an offer to enter into a transaction. The terms set forth herein are intended for discussion purposes only and are subject to the final expression of the terms and conditions contained in the base prospectus of the UOB Structured Notes Programme, the ELN Agreement and the Bank’s Terms and Conditions Governing Accounts and Services. While some of the information provided may have been obtained from various published and unpublished sources that are considered reliable, neither UOB nor any of their affiliates guarantees its accuracy or completeness or accepts liability for any direct, indirect or consequential losses arising from its use. Prior to entering into any proposed transaction, you should determine, without reliance upon UOB or its affiliates, the economic risks and merits, as well as the legal, tax and accounting characterisations and consequences, of the transactions and that you are able to assume these risks. The price of shares may rise or fall, and may have adverse effects if the price moves against the investor. The investment may not be liquid and early termination costs apply for premature termination. You should therefore carefully consider whether such trading is suitable in the light of your investment objectives, your financial means and your risk profile. This document and its contents are proprietary information and products of UOB, and may not be reproduced or otherwise disseminated in whole or in part without UOB’s written consent.

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