Fund Linked Note definition
Fund Linked Note means a Note specified as such in the Final Terms.
Fund Linked Note means an issued Note where the performance is linked to the performance of certain underlying Reference Assets (Performance and Protection Assets). The Notes are bought and administered for and on behalf of Investors by duly authorised Financial Service Providers, utilising the Absa Platform. The Notes provide the Investor with economic exposure to the Reference Assets, and the Absa Platform enables the Financial Services Provider for and on behalf of the relevant Investor, subject to the permissions and parameters applicable to the Notes on the Absa Platform, at any time prior to redemption from the Note, to, inter alia: add and remove Performance Assets; a) partially or fully redeem the Note; b) make an Additional Investment in to the Note; c) obtain or remove Leverage in respect of economic exposure to some or all of the Performance Assets; d) obtain or remove Protection in respect of the value of some or all of the Performance Assets; e) risk manage the Investor’s economic exposure to the Reference Assets; and f) effect Volatility Controls with the rebalancing of the Reference Assets for Leverage or for controlling the volatility of the Performance Assets.
Fund Linked Note means a Romanian Note specified as such in the relevant Final Terms;
Examples of Fund Linked Note in a sentence
This Note is, to the extent specified in the applicable Final Terms, a Fixed Rate Note, a Floating Rate Note, a Zero Coupon Note or a Note linked to the underlying reference asset(s) (an Underlying Reference(s)) specified in the applicable Final Terms such as a Credit Linked Note, an Index Linked Note, an Equity Linked Note, an Inflation Linked Note, a Currency Linked Note, a Commodity Linked Note, a Fund Linked Note, a Bond Linked Note, a Rate Linked Note or any appropriate combination thereof.
More Definitions of Fund Linked Note
Fund Linked Note means an International Note specified as such in the relevant Final Terms;
Fund Linked Note means a Note where one or more payments under the Note are linked to one or more securities or units of one or more investment funds, including, but not limited to, the net asset value, market price or yield of the units or securities of such funds. “Hedging Event” means, in respect of a series of Notes, any event, circumstance or cause (whether or not reasonably foreseeable) that, in the determination of CIBC, acting reasonably and in good faith, has or could have a material adverse effect on the ability of CIBC and/or its affiliates to place, modify, maintain, unwind, redeem or price or otherwise determine the value of any hedge in respect of that series of Notes including, without limitation, (i) the adoption of or any change in any applicable law or regulation (including tax law), or the promulgation or any change in the interpretation by any court, tribunal or regulatory authority of any applicable law or regulation (including by a taxing authority), (ii) the termination, material amendment or non-performance of any hedging contract with a third party, or