EFTA Document EFTA01387687

don't need the foresight to invest prior to volatility going up - pricing continues to look good as long as implied volatility remains elevated. Callable Yield Note Overview: Callable Yield Notes with Contingent Coupon are considered equity alternatives, which pay a coupon on a quarterly basis, provided none of the underlying indexes breach the pre-defined coupon barrier during any quarter (observed daily, on closing index levels). On final valuation day, if the performance of the least per