UOB Principal Guaranteed Structured Deposit 2018 - Series (1)

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    UOB Principal Guaranteed Structured Deposit 2018 – Series (1)

    Watch your money grow with a winning solution

    *Terms and Conditions apply.

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Benefits

Make The Right Move With UOB Structured Deposits*

Now you can make your money work as hard as you do with UOB Principal Guaranteed Structured Deposit 2018 – Series (1)*. Get started with a minimum investment of SGD 5,000*.

  • 100% Principal Guaranteed* – Amount Payable by UOB (when held to maturity)
  • Receive Potentially Higher Interest Linked To The Performance Of The Underlying Reference Fund – Opportunity for attractive Annual Variable Interest>
  • No Hidden Costs – With 100% participation into the Underlying Reference Fund~
  • Award Winning Fund Manager# – Underlying Reference Fund is managed by PIMCO, a leading global investment management firm

 

Offer ends 23 January 2018^.

Speak to a UOB Personal Banker for more details.

Buy Online 

(For cash investments only)

 

How does it work

The scenarios assume a Principal Amount of SGD 10,000, held for a mandatory tenor of 5 years, until maturity. The performance of the Underlying Reference Fund may fluctuate depending on, amongst other things, the economic conditions and market perception of the Underlying Reference Fund.

Assuming Participation Rate is set at 100% and the Initial Price and the Closing Price of the Underlying Reference Fund on each Valuation Date are as follows:

   
Year Initial Price (Fixed On Start Date) Closing Price on Valuation Date (n) Return of Fund (n)
1 12.00 12.60 5%
2 12.00 12.96 8%
3 12.00 13.08 9%
4 12.00 13.44 12%
5 12.00 13.20 10%

At the end of Year 1, 2, 3, 4 and 5 of the Tenor, the relevant Annual Variable Interest is payable on each Interest Payment Date.

In this example, for a Principal Amount of SGD 10,000, the investor will get a total interest of SGD 1,700 (i.e. SGD 500 + SGD 400 + SGD 300 + SGD 300 + SGD 200) in the 5 years. This is equivalent to an annualized rate of return of 3.4455%.

Assuming Participation Rate is set at 100% and the Initial Price and the Closing Price of the Underlying Reference Fund on each Valuation Date are as follows:

   
Year Initial Price (Fixed On Start Date) Closing Price on Valuation Date (n) Return of Fund (n)
1 12.00 11.40 -5%*
2 12.00 12.96 8%
3 12.00 11.64 -3%*
4 12.00 13.20 10%
5 12.00 13.20 10%

*If the Return of the Underlying Reference Fund is negative on a Valuation Date, the Annual Variable Interest will be zero

At the end of Year 1, 2, 3, 4 and 5 of the Tenor, the relevant Annual Variable Interest is payable on each Interest Payment Date.

In this example, for a Principal Amount of SGD 10,000, the investor will get a total interest of SGD 850 (i.e. SGD 0 + SGD 400 + SGD 0 + SGD 250 + SGD 200) in the 5 years. This is equivalent to an annualized rate of return of 1.6906%.

Assuming Participation Rate is set at 100% and the Initial Price and the Closing Price of the Underlying Reference Fund on each Valuation Date are as follows:

   
Year Initial Price (Fixed On Start Date) Closing Price on Valuation Date (n) Return of Fund (n)*
1 12.00 11.76 -2%
2 12.00 11.40 -5%
3 12.00 11.04 -8%
4 12.00 10.80 -10%
5 12.00 11.40 -5%

*Since the Return of the Underlying Reference Fund is negative on each Valuation Date, the Annual Variable Interest will be zero

In this example, no Annual Variable Interest will be paid for the entire tenor as the Underlying Reference Fund has fallen below its Initial Price. Despite the negative performance of the Underlying Reference Fund, there is no principal loss to the investor. Capital is guaranteed, and the investor will receive 100% of the Principal Amount of SGD 10,000 on maturity.

At a glance

Investment Currency Singapore Dollars (SGD)
Tenor 5 Years
Offer Period 8 January 2018 to 23 January 2018^
Annual Variable Interest The Annual Variable Interest (n) payable on the relevant Interest Payment Date (n) shall be a SGD amount equivalent to the Annual Variable Interest Rate (n) multiplied by the Principal Amount.

Mathematically:
Annual Variable Interest Rate(n) = PR x Average Fund Performance(n)

Where:
Participation Rate ("PR") = 100%

Average Fund Performance(n) =

Return of Fund(n) =
Offer Start Date 8 January 2018
Maturity Date 30 January 2023
Initial Price Fixing Date 30 January 2018
Valuation Date (n)
(n = 1 to 5)
Valuation Date means any of the 5 dates listed in the table below, with Valuation Date (n) being the n-th Valuation Date.

nValuation Date(n)
1 23 January 2019
2 22 January 2020
3 25 January 2021
4 24 January 2022
5 23 January 2023


Provided that if any of the above Valuation Dates is not a Fund Valuation Day and/or a Fund Disruption Event has occurred, such date shall be postponed to the earlier of (1) the next Fund Valuation Day on which there is no Fund Disruption Event, or (2) the third Fund Valuation Day following the original date ("Reference Trading Day"). If the Fund Disruption Event continues on the Reference Trading Day, the Calculation Agent will estimate in good faith, the bid price of the Underlying Reference Fund which would have prevailed on such day.
Underlying Reference Fund (“Fund”)

PIMCO Funds: Global Investors Series plc – Income Fund
(Bloomberg Ticker: PINEEHA ID ‹Equity›)

Click here to view Product Fact Sheet

^Subject to changes, please refer to Indicative Term Sheet for full details.

 

*Note: Capital remains guaranteed only when UOB Principal Guaranteed Structured Deposit 2018 – Series (1) is held for a mandatory tenor of 5 years, until maturity. Product terms and conditions apply. Please refer to the Indicative Term Sheet for more details. A copy of the Indicative Term Sheet is available at the point of sale or at any United Overseas Bank Limited (“UOB”) branch.

~Investors should note the UOB Principal Guaranteed Structured Deposit 2018 – Series (1) does not invest into the PIMCO Funds: Global Investors Series plc – Income Fund. The UOB Principal Guaranteed Structured Deposit 2018 – Series (1) is only using the closing price of the PIMCO Funds: Global Investors Series plc – Income Fund on the set Valuation Date each year as a reference point to calculate the Annual Variable Interest on this structured deposit. PIMCO is not the issuer or guarantor of this structured deposit.

#Morningstar Best Fixed-Income Fund House in Hong Kong (Year 2013, 2014, 2015, 2017) and in Singapore (Year 2015)

>Annual Variable Interest which is not guaranteed shall be calculated as the product of the Participation Rate and the Average Fund Performance for that year.

+Only for existing UOB Personal Internet Banking (PIB) customers with a fixed deposit account. Online purchase is subjected to passing the Customer Knowledge Assessment (CKA) on UOB PIB.

The above is for general information only and does not constitute an offer, an invitation to offer, a solicitation or a recommendation by UOB to enter into or conclude any transaction. The amount placed in the UOB Principal Guaranteed Structured Deposit 2018 – Series (1) is principal guaranteed only if held until the maturity date. Investing in a structured deposit entails certain risks, including potential loss of the principal sum invested if the investment is not held to maturity. Please refer to the Indicative Term Sheet for full product details. You may wish to seek advice from a licensed or an exempt financial adviser before making a commitment to purchase UOB Principal Guaranteed Structured Deposit 2018 – Series (1). In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should consider carefully whether UOB Principal Guaranteed Structured Deposit 2018 – Series (1) is suitable for you.

Structured deposits are not fixed deposits. Unlike traditional deposits, the UOB Principal Guaranteed Structured Deposit 2018 – Series (1) has risk and investment elements, and is not an insured deposit within the meaning of the Deposit Insurance and Policy Owners’ Protection Schemes Act (Chapter 77B).

United Overseas Bank Limited Co. Reg. No. 193500026Z 

(1.18)