Reference Portfolio Return definition

Reference Portfolio Return means on the Final Valuation Date, the weighted average return of the Reference Assets calculated as the sum of the Weighted Reference Asset Return of each of the Reference Assets comprising the Reference Portfolio.

Reference Portfolio Return means a number (which may be positive or negative), expressed as a percentage (rounded to two decimal places), determined as follows:

Reference Portfolio Return means a number (which may be positive or negative), expressed as a percentage (rounded to two decimal places) equal to the difference between the Reference Portfolio Level on the Valuation Date and the Locked-in Initial Reference Portfolio Level, divided by 1,000, as per the following formula:

Examples of Reference Portfolio Return in a sentence

• Reference Portfolio Return: means on any day, the sum of the Weighted Reference Asset Return of each Reference Asset comprising the Reference Portfolio.

• Variable Return: means a percentage equal to the product of (i) the Reference Portfolio Return on the Valuation Date and (ii) the Participation Factor, subject to a minimum of zero.

• The Deposits aim to repay you, on the Maturity Payment Date, your Principal Amount and provide you with a Variable Return if the Reference Portfolio Return is positive on the Valuation Date.

• If your expectations of the Reference Portfolio Return differ from this, you should consider alternative investments rather than an investment in the Note Securities.

• Variable Return: means a percentage equal to the product of (i) the Reference Portfolio Return on the Final Valuation Date and (ii) the Participation Factor, subject to a minimum of zero.

More Definitions of Reference Portfolio Return

Reference Portfolio Return means the arithmetic average (expressed as a percentage and rounded to two decimal places) of the Reference Share Returns of the Ten Middle Performing Reference Shares over the period starting on the Issuance Date of the Deposit Notes and ending on the Valuation Date.

Reference Portfolio Return means, in respect of an Exchange Business Day, the weighted average return of the Reference Assets calculated as the sum of the Weighted Reference Asset Return of each of the Reference Assets comprising the Reference Portfol io.

Reference Portfolio Return means, for each Series, a number (which may be positive or negative), expressed as a percentage (rounded to two decimal places), determined as follows:

Reference Portfolio Return means, a number (which may be positive or negative), expressed as a percentage (rounded to two decimal places), equal to the arithmetic average of the Reference Share Returns of the 5 Reference Shares on the Valuation Date.

Reference Portfolio Return means the greater of (i) the simple average of the Effective Security Returns for each Security in the Reference Portfolio rounded to two decimal places, and (ii) zero;

Reference Portfolio Return means the return on the units of the Reference Asset over the term of the Notes, expressed as a percentage, calculated in accordance with the following formula:

Reference Portfolio Return means the arithmetic average (expressed as a percentage and rounded to two decimal places) of the Reference Share Returns of the 20 Reference Shares over the period starting on the Issuance Date of the Deposit Notes and ending on the Valuation Date, where each of the eight Reference Shares with the highest price return will be allocated a fixed return of 46.50% for the purpose of such calculation, notwithstanding the actual price return of such Reference Shares and the remaining twelve Reference Shares will be assigned their actual price returns. Foreign currency fluctuations will not impact the Reference Portfolio Return.