Structured Yield Notes.

Structured yield notes are a package of options structured in one security to give above market yields if certain market conditions hold true. They offer coupon and maturity payments that are contingent upon the performance of an underlying reference asset, typically an equity index or other diversified exchange traded fund (ETF).  As long as the reference asset doesn’t fall below a predetermined threshold, investor receives their coupon and principal back at the end of the term. Structured yield notes are particularly attractive to investors who desire higher yields or returns above those offered by treasury securities, without directly investing in equities. By leveraging the structured options within these notes, investors can potentially benefit from enhanced returns while still maintaining a level of protection against downside risks associated with the reference asset.​​