What is an initial index level?
This is the base level or starting point for the underlying benchmark’s starting value. The Final Index Value will be compared to the Initial Index Value when calculating PPNs variable return. The start or valuation date will be stipulated.
Related Questions
- What is a PPN?
- Who issues PPNs?
- What is a Principal Amount?
- What is a PPN issue date?
- What is the term to maturity?
- What is the initial valuation date?
- What is the final valuation date?
- What is a basket/underlying benchmark?
- What is a PPN variable return?
- What is a PPN participation rate?
- What is a PPN Cap?
- What is a coupon minimum?
- What is a calculation agent?
- What is a final index level?
- What is a secondary market?
- What are Notes that are Non-CDIC Protected?
- What is an Issuer Credit Rating?
- What is the PPN book-entry system?
- Do investors receive any information documents when they purchase a PPN?
- How are Principal Protected Notes (PPNs) taxed?
- What are some risks associatied with investing in PPNs?
- What is an Extraordinary Event?
- What is a Protection Event or Knock-out Scenario?
- What are Special Circumstances?
Investment considerations of PPNs
- What is the key feature of a PPN?
- How are PPNs marketed as a substitute for GIC and low yielding bonds?
- What you should know about PPNs?
- How does a PPN guarantee my principal?
- What are the risks with this type of guarantee?
- How shall I evaluate the risks of a guarantee?
- How does a PPN make a profit for its investors?
- What are the fees and expenses associated with PPNs?
- I think PPNs could be a good fit within my investment portfolio. Where should I begin my research?
- How do you know what your investment in a PPN is costing?
- I have found a PPN that guarantees a minimum of 1.0% and a maximum 6.25% annual coupon. It sounds great. Is it?