Finance
Sidestep Certificate
May 22, 2023
Accounting
Deemed Fair Value
May 23, 2023

An outperformance certificate that allows the holder/ investor to benefit, disproportionately, from moderate price increases in the underlying asset/ instrument. However, the maximum upside potential is limited by a predetermined amount (the cap/ capped performance).

For example, the potential upside benefit/ profit may be set to double the monetary amount (applying a multiplier of 2).

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