Issued by Morgan Stanley
Principal Protected Growth Note - Earn 1x upside participation at maturity
This offering is available to accredited investors.
S&P 500
SPX
Top 500 companies in U.S.A.
Market Cap
$-bn
3-Yr CAGR
22%
3-Yr Max DD
-8%
Russell 2000
RTY
2000 small-cap companies in U.S.A.
Market Cap
$-bn
3-Yr CAGR
20%
3-Yr Max DD
-19%
Euro Stoxx 50
SX5E
50 blue-chip companies across the Eurozone
Market Cap
$-bn
3-Yr CAGR
19%
3-Yr Max DD
-12%
CAGR: Compound Annual Growth Rate · DD: Maximum Drawdown
Worst-Underlier is up 10% at Maturity
10%
Worst-Underlier is up 20% at Maturity
17.40%
Worst-Underlier is down 20% at Maturity
0%
Provides 1X upside participation on the worst-performing underlier, capped at 17.40%, over the 18-month term.
Example: If the worst-performing underlier is up 10%, the note returns 10%.
Principal Protection: If the worst-performing underlier finishes below its initial level at maturity, investors receive full principal back.
Minimum Investment
$25,000
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Sign In| Product | Growth |
| Issuer | Morgan Stanley |
| Term | 1.5Y |
| Non-Call Period | Non-Callable |
| Protection Type | fdic insured |
| Initial Call Premium | - |
| Upside Participation | 1x upside participation (capped) |
| Principal Protection | 100% (FDIC Insured) |
| Target Growth |
| 1x |
| Trade Date | Aug 21, 2026 |
| Maturity Date | — |