Bank Of AmericaGrowth NoteSnowball3 Years
Key Dates
Snowball Growth Note w/ Memorizer - Earn 31.50% in Year-1 or up to 94.5% in Year-3
Amazon.com Inc
AMZN
Operates a global e-commerce marketplace while providing cloud computing, digital advertising, streaming, and logistics services.
Market Cap
$2,690bn
3-Yr CAGR
21%
3-Yr Max DD
-22%
Meta Platforms Inc
META
Operates social media and messaging platforms while developing AI technologies, digital advertising solutions, and virtual and augmented reality products.
Market Cap
$1,610bn
3-Yr CAGR
34%
3-Yr Max DD
-27%
Alphabet Inc
GOOGL
Operates internet search, digital advertising, cloud computing, AI, and productivity software platforms, alongside a portfolio of digital services.
Market Cap
$3,900bn
3-Yr CAGR
35%
3-Yr Max DD
-24%
CAGR: Compound Annual Growth Rate · DD: Maximum Drawdown
Note is called at the end of Year-1
31.50%
Note is called at the end of Year-2
63%
Note goes till Maturity
94.5%
Underlier is down 30% at maturity
0%
Underlier is down 40% at maturity
-40%
Snowball Call Premium: Starting at 31.50% after Year 1, the call premium increases by 2.625% each month until the note is called or reaches maturity.
Memorizer Autocall: From Year 1, each underlier (AMZN / META / GOOGL) only needs to reach 100% of its initial level on a monthly observation date once. The note is called when all three underliers have met this condition, paying full principal plus the applicable call premium.
Maturity Protection: If the note goes till maturity, investors receive full principal plus 94.50% if all three underliers have reached their initial levels on an observation date. Otherwise, principal is returned if the worst-performing underlier is not down more than 30% at maturity; below the 70% barrier, losses are 1:1 with the worst-performing underlier.