Tailored Structured Products

At Mariana, we have a wealth of expertise in delivering tailored Structured Products that meet specific requirements. All of our investors are unique. They may be at different stages in their life, they are likely to have specific attitudes towards risk and their views will vary as to what markets they want exposure to and over what term.

We specialise in the construction of structures that provide exposure to a variety of underlyings including developed and emerging markets, commodities or portfolios of individual stocks tailored to a client’s interest and knowledge.

If you think bespoke products may be of interest to you and you would like more information, please contact us on 020 7065 6699 or alternatively, click here to contact us via email and one of our team will be in touch with you directly.

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Plans Per Page: 10 | 25 | 50 | 100 | All

	Plan Name	Counterparty	ISIN	Start Date	Maturity Date	Price Date	Price	Brochure
+	Step Down Income Builder - April 2013	Morgan Stanley (MS B.V.)	XS0896265872	30/04/2013	30/04/2019	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 6% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 6,430.12	Last CoB Level N/A		% Change N/A
+	Income Kick Out - March 2013	Morgan Stanley (MS B.V.)	XS0887586252	28/03/2013	28/03/2018	23/04/2024	MATURED	On Request
	Barrier: 50% (American) Return: 9.8% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings TESCO PLC (TSCO LN)			Start Level 381.55	Last CoB Level N/A		% Change N/A
+	Income or Growth Builder - February 2013 (3,500, Income)	Morgan Stanley (MS B.V.)	XS0869234087	28/02/2013	28/02/2019	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 6% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 6,360.81	Last CoB Level N/A		% Change N/A
+	Income or Growth Builder - February 2013 (4,000, Income)	Morgan Stanley (MS B.V.)	XS0871506662	28/02/2013	28/02/2019	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 6.76% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 6,360.81	Last CoB Level N/A		% Change N/A
+	Income or Growth Builder - February 2013 (3,500, Growth)	Morgan Stanley (MS B.V.)	XS0869304047	28/02/2013	28/02/2019	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 37.4% Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 6,360.81	Last CoB Level N/A		% Change N/A
+	Income or Growth Builder - February 2013 (4,000, Growth)	Morgan Stanley (MS B.V.)	XS0871575634	28/02/2013	28/02/2019	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 42.25% Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 6,360.81	Last CoB Level N/A		% Change N/A
+	Annual Kick Out - February 2013	Morgan Stanley (MS B.V.)	XS0869302181	28/02/2013	28/02/2019	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder - December 2012 (3,500 Barrier, Income)	Morgan Stanley (MS B.V.)	XS0845612588	21/12/2012	21/12/2018	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 6.36% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,939.99	Last CoB Level N/A		% Change N/A
+	Income Builder - December 2012 (4,000 Barrier, Income)	Morgan Stanley (MS B.V.)	XS0845612406	21/12/2012	21/12/2018	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 7.2% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,939.99	Last CoB Level N/A		% Change N/A
+	Income Builder - December 2012 (3,500 Barrier, Growth)	Morgan Stanley (MS B.V.)	XS0845637494	21/12/2012	21/12/2018	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 39.75% Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,939.99	Last CoB Level N/A		% Change N/A
+	Income Builder - December 2012 (4,000 Barrier, Growth)	Morgan Stanley (MS B.V.)	XS0845637734	21/12/2012	21/12/2018	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 44.75% Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,939.99	Last CoB Level N/A		% Change N/A
+	Annual Kick Out - November 2012 100% Option	Morgan Stanley (MS B.V.)	XS0834159831	30/11/2012	14/12/2018	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Annual Kick Out - November 2012 90% Option	Morgan Stanley (MS B.V.)	XS0834159245	30/11/2012	14/12/2018	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder Plus - November 2012 (Income)	Morgan Stanley (MS B.V.)	XS0831920979	09/11/2012	09/11/2018	23/04/2024	KICKED OUT	On Request
	Barrier: 0% (European) Return: 7% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,769.68	Last CoB Level N/A		% Change N/A
+	Income Builder Plus - November 2012 (Growth)	Morgan Stanley (MS B.V.)	XS0831939136	09/11/2012	09/11/2018	23/04/2024	KICKED OUT	On Request
	Barrier: 0% (European) Return: 43.5% Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,769.68	Last CoB Level N/A		% Change N/A
+	Income Builder Plus - October 2012 (Income)	Morgan Stanley (MS B.V.)	XS0819820407	31/10/2012	31/10/2018	23/04/2024	KICKED OUT	On Request
	Barrier: 0% (European) Return: 8% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,782.70	Last CoB Level N/A		% Change N/A
+	Income Builder Plus - October 2012 (Growth)	Morgan Stanley (MS B.V.)	XS0819831198	31/10/2012	31/10/2018	23/04/2024	KICKED OUT	On Request
	Barrier: 0% (European) Return: 49.75% Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,782.70	Last CoB Level N/A		% Change N/A
+	Defensive Annual Kick Out - September 2012	Morgan Stanley (MS B.V.)	XS0822906649	21/09/2012	05/10/2018	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder Plus - August 2012 [Option 1A] (Income)	Morgan Stanley (MS B.V.)	XS0800494634	31/08/2012	01/09/2017	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 8.24% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,711.48	Last CoB Level N/A		% Change N/A
+	Income Builder Plus - August 2012 [Option 2A] (Growth)	Morgan Stanley (MS B.V.)	XS0800519992	31/08/2012	01/09/2017	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 42.5% Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,711.48	Last CoB Level N/A		% Change N/A
+	Income Builder Plus - June 2012 (Income)	Morgan Stanley (MS B.V.)	XS0778043405	29/06/2012	30/06/2017	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 840% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder Plus - June 2012 (Growth)	Morgan Stanley (MS B.V.)	XS0778046176	29/06/2012	30/06/2017	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 4370% Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder - May 2012 (5 Years)	Morgan Stanley (MS B.V.)	XS0772552658	25/05/2012	26/05/2017	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 7.1% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder - May 2012 (6 Years)	Morgan Stanley (MS B.V.)	XS0772552732	25/05/2012	25/05/2018	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 7.35% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,351.53	Last CoB Level N/A		% Change N/A
+	Income Builder Plus - April 2012 (Income)	Morgan Stanley (MS B.V.)	XS0751134809	30/04/2012	02/05/2017	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 7.9% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder Plus - April 2012 (Growth)	Morgan Stanley (MS B.V.)	XS0760362508	30/04/2012	02/05/2017	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 40.9% Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder - March 2012	Morgan Stanley (MS B.V.)	XS0742816993	14/03/2012	15/03/2017	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 7.5% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Annual Kick Out - February 2012	Morgan Stanley (MS B.V.)	XS0718969438	28/02/2012	15/03/2018	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder Plus - February 2012	Morgan Stanley (MS B.V.)	XS0722506481	28/02/2012	28/02/2017	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 8.2% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Annual Kick Out - December 2011 - Option 1 100%	Morgan Stanley (MS B.V.)	XS0686564948	20/12/2011	13/01/2018	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Annual Kick Out - December 2011 - Option 2 95%	Morgan Stanley (MS B.V.)	XS0686565168	20/12/2011	13/01/2018	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Annual Kick Out - December 2011 - Option 3 90%	Morgan Stanley (MS B.V.)	XS0686564864	20/12/2011	13/01/2018	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder - December 2011	Morgan Stanley (MS B.V.)	XS0686568006	20/12/2011	20/12/2016	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 8.1% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Provider - December 2011	Morgan Stanley (MS B.V.)	XS0698421194	20/12/2011	20/12/2017	23/04/2024	MATURED	On Request
	Barrier: 35% (European) Return: 6.05% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,419.60	Last CoB Level N/A		% Change N/A
+	Income Builder - October 2011	Morgan Stanley (MS B.V.)	XS0670877710	31/10/2011	31/10/2016	23/04/2024	MATURED	On Request
	Barrier: 0% (European) Return: 6.75% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Annual Kick Out - October 2011 - Option 1 100%	Morgan Stanley (MS B.V.)	XS0669742511	31/10/2011	28/11/2017	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Annual Kick Out - October 2011 - Option 2 95%	Morgan Stanley (MS B.V.)	XS0669742354	31/10/2011	28/11/2017	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Annual Kick Out - October 2011 - Option 3 90%	Morgan Stanley (MS B.V.)	XS0669742602	31/10/2011	28/11/2017	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Income Builder - August 2011	Morgan Stanley (MS B.V.)	XS0654718252	31/08/2011	24/08/2016	23/04/2024	MATURED	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Precious Metals KO - June 2011	Morgan Stanley (MS B.V.)	XS0572327061	28/02/2011	28/02/2017	23/04/2024	MATURED	On Request
	Barrier: 50% (American) Return: 15.5% p.a. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Twin Win June 2011	Morgan Stanley (MS B.V.)	XS0600338544	30/06/2011	30/06/2017	23/04/2024	MATURED	On Request
	Barrier: 50% (American) Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Twin Win - February 2011	Morgan Stanley (MS B.V.)	XS0599033734	28/02/2011	28/02/2017	23/04/2024	MATURED	On Request
	Barrier: 50% (American) Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Precious Metals KO - Dec 2010	Morgan Stanley (MS B.V.)	XS0547737063	17/12/2010	19/12/2016	23/04/2024	MATURED	On Request
	Barrier: 50% (American) Return: 15.5% p.a. Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	3 Year UK Digital (June 2010)	Morgan Stanley (MS B.V.)	XS0513793140	06/08/2010	27/08/2013	23/04/2024	MATURED	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	UK Growth Multiplier (May 2010)	Morgan Stanley (MS B.V.)	XS0510935850	09/07/2010	02/08/2016	23/04/2024	KICKED OUT	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	Captured Growth - April 2010	Morgan Stanley (MS B.V.)	XS0505891969	11/06/2010	02/07/2015	23/04/2024	MATURED	On Request
	Barrier: Return: Next KO Observation: Next KO Trigger: Next Income Observation: Next Income Trigger:	Underlyings			Start Level	Last CoB Level		% Change
+	FTSE Defensive Income Kick Out Plan - January 2018	Morgan Stanley (MS B.V.)	GB00BZVQY328	26/01/2018	26/01/2028	23/04/2024	100.72
	Barrier: 60% (European) Return: 1.6% p.q. Next KO Observation: 26/04/2024 Next KO Trigger: 105% Next Income Observation: 26/04/2024 Next Income Trigger: 75%	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,665.54	Last CoB Level 8,044.81		% Change 4.95%
+	FTSE Defensive Income Kick Out Plan - May 2018	Morgan Stanley (MS B.V.)	GB00BZVQYK95	18/05/2018	18/05/2028	23/04/2024	99.00
	Barrier: 60% (European) Return: 1.56% p.q. Next KO Observation: 20/05/2024 Next KO Trigger: 105% Next Income Observation: 20/05/2024 Next Income Trigger: 75%	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,778.79	Last CoB Level 8,044.81		% Change 3.42%
+	FTSE Defensive Income Kick Out Plan - July 2018	Morgan Stanley (MS B.V.)	GB00BZVQZ069	06/07/2018	06/07/2028	23/04/2024	98.76
	Barrier: 65% (European) Return: 1.8% p.q. Next KO Observation: 08/07/2024 Next KO Trigger: 105% Next Income Observation: 08/07/2024 Next Income Trigger: 80%	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,617.70	Last CoB Level 8,044.81		% Change 5.61%
+	10 10 Plan - September 2018 - Option 1	Morgan Stanley (MS B.V.)	GB00BZVQZQ23	28/09/2018	28/09/2028	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 8% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,510.20	Last CoB Level N/A		% Change N/A
+	10 10 Plan - September 2018 - Option 2	Morgan Stanley (MS B.V.)	GB00BZVQZR30	28/09/2018	28/09/2028	23/04/2024	157.14
	Barrier: 70% (European) Return: 11.8% p.a. Next KO Observation: 30/09/2024 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,510.20	Last CoB Level 8,044.81		% Change 7.12%
+	10 10 Plan - November 2018 - Option 1	Morgan Stanley (MS B.V.)	GB00BZVR0049	16/11/2018	16/11/2028	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 8.17% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,013.88	Last CoB Level N/A		% Change N/A
+	10 10 Plan - November 2018 - Option 2	Morgan Stanley (MS B.V.)	GB00BZVQZZ14	16/11/2018	16/11/2028	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 12.33% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,013.88	Last CoB Level N/A		% Change N/A
+	Dual Index Defensive Income Kick Out - November 2018	Morgan Stanley (MS B.V.)	GB00BZVR0379	09/11/2018	09/11/2028	23/04/2024	KICKED OUT
	Barrier: 60% (European) Return: 1.8% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 7,105.34 2,781.01	Last CoB Level N/A N/A		% Change N/A N/A
+	Semi-Annual Income Builder (USD) - August 2019	Morgan Stanley (MS B.V.)	XS2023580397	30/08/2019	01/09/2025	23/04/2024	64.04
	Barrier: 65% (European) Return: 3.75% s.a. Next KO Observation: 30/08/2024 Next KO Trigger: 100% Next Income Observation: 30/08/2024 Next Income Trigger: 85%	Underlyings Euro Stoxx 50 Pr (SX5E) S&P 500 INDEX (SPX) HANG SENG CHINA ENT INDX (HSCEI)			Start Level 3,426.76 2,926.46 10,083.20	Last CoB Level 5,008.17 5,070.55 5,954.62		% Change 46.15% 73.27% -40.95%
+	Dual Index Defensive Income Kick Out - March 2020	Morgan Stanley (MS B.V.)	XS2123972536	27/03/2020	27/03/2030	23/04/2024	KICKED OUT
	Barrier: 65% (European) Return: 1.675% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 5,510.33 2,541.47	Last CoB Level N/A N/A		% Change N/A N/A
+	FTSE Defensive Income Kick Out - April 2020	Morgan Stanley (MS B.V.)	XS2124006292	17/04/2020	17/04/2030	23/04/2024	KICKED OUT
	Barrier: 65% (European) Return: 1.75% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,786.96	Last CoB Level N/A		% Change N/A
+	Dual Index Step Down Kick Out Plan - May 2020	Morgan Stanley (MS B.V.)	XS2124005724	29/05/2020	29/04/2027	23/04/2024	KICKED OUT
	Barrier: 65% (European) Return: 2.275% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) Euro Stoxx 50 Pr (SX5E)			Start Level 6,076.60 3,050.20	Last CoB Level N/A N/A		% Change N/A N/A
+	FTSE CSDI Defensive Income Kick Out Plan - April 2021	Morgan Stanley (MS B.V.)	GB00BFCNJV59	16/04/2021	16/04/2031	23/04/2024	KICKED OUT
	Barrier: 65% (European) Return: 1.125% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 159.63	Last CoB Level N/A		% Change N/A
+	Dual Index Kick Out Plan - May 2021	Morgan Stanley (MS B.V.)	GB00BFCNJX73	28/05/2021	28/05/2027	23/04/2024	KICKED OUT	On Request
	Barrier: 65% (European) Return: 9.1% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) Euro Stoxx 50 Pr (SX5E)			Start Level 7,022.61 4,070.56	Last CoB Level N/A N/A		% Change N/A N/A
+	10 10 Plan - Option 1 - September 2021	Morgan Stanley (MS B.V.)	GB00BW6SDQ83	17/09/2021	17/09/2031	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 7% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 158.13	Last CoB Level N/A		% Change N/A
+	10 10 Plan - Option 2 - September 2021	Morgan Stanley (MS B.V.)	GB00BW6SDR90	17/09/2021	17/09/2031	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 8.75% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 158.13	Last CoB Level N/A		% Change N/A
+	10 10 Plan - Option 3 - September 2021	Morgan Stanley (MS B.V.)	GB00BW6SDP76	17/09/2021	17/09/2031	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 10.75% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 158.13	Last CoB Level N/A		% Change N/A
+	8 8 Plan - October 2021	Morgan Stanley (MS B.V.)	GB00BW6SDX50	01/10/2021	01/10/2029	23/04/2024	KICKED OUT
	Barrier: 65% (European) Return: 3.25% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 159.93	Last CoB Level N/A		% Change N/A
+	FTSE CSDI Kick Out Plan - November 2021	Morgan Stanley (MS B.V.)	GB00BW6SFG26	26/11/2021	26/11/2031	23/04/2024	KICKED OUT	On Request
	Barrier: 65% (European) Return: 11% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 160.10	Last CoB Level N/A		% Change N/A
+	FTSE 150 Kick Out Plan - August 2022	Morgan Stanley (MS B.V.)	GB00BW6SJ931	12/08/2022	12/08/2032	23/04/2024	113.17
	Barrier: 65% (European) Return: 3.29% p.q. Next KO Observation: 12/08/2025 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,313.72	Last CoB Level 1,316.33		% Change 0.2%
+	FTSE 150 Kick Out Plan - October 2022	Morgan Stanley (MS B.V.)	GB00BW6SK012	07/10/2022	07/10/2032	23/04/2024	119.99
	Barrier: 65% (European) Return: 3.225% p.q. Next KO Observation: 07/10/2024 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,123.96	Last CoB Level 1,316.33		% Change 17.12%
+	FTSE 100 Step Down Kick Out Plan - October 2022	Morgan Stanley (MS B.V.)	GB00BW6SJX70	07/10/2022	08/10/2029	23/04/2024	110.90
	Barrier: 65% (European) Return: 8% p.a. Next KO Observation: 07/10/2024 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 6,991.09	Last CoB Level 8,044.81		% Change 15.07%
+	FTSE 150 Kick Out Plan - November 2022	Morgan Stanley (MS B.V.)	GB00BW6SKJ00	11/11/2022	11/11/2032	23/04/2024	114.13
	Barrier: 65% (European) Return: 3.27% p.q. Next KO Observation: 11/11/2024 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,253.05	Last CoB Level 1,316.33		% Change 5.05%
+	FTSE 100 Defensive Income Kick Out Plan - November 2022	Morgan Stanley (MS B.V.)	GB00BW6SKK15	18/11/2022	19/11/2029	23/04/2024	100.85
	Barrier: 65% (European) Return: 2.05% p.q. Next KO Observation: 18/11/2024 Next KO Trigger: 100% Next Income Observation: 20/05/2024 Next Income Trigger: 75%	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,385.52	Last CoB Level 8,044.81		% Change 8.93%
+	Dual Index Kick Out Plan - October 2022	Morgan Stanley (MS B.V.)	GB00BW6SKL22	14/10/2022	15/10/2029	23/04/2024	KICKED OUT	On Request
	Barrier: 70% (European) Return: 14.35% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) Euro Stoxx 50 Pr (SX5E)			Start Level 1,110.13 3,381.73	Last CoB Level N/A N/A		% Change N/A N/A
+	FTSE 100 Defensive Kick Out Plan - December 2022	Morgan Stanley (MS B.V.)	GB00BW6SKW37	23/12/2022	25/12/2028	23/04/2024	111.26
	Barrier: 60% (European) Return: 9.75% p.a. Next KO Observation: 23/12/2025 Next KO Trigger: 95% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level TBC	Last CoB Level 8,044.81		% Change
+	FTSE 150 Kick Out Plan - January 2023	Morgan Stanley (MS B.V.)	GB00BW6SKV20	27/01/2023	27/01/2033	23/04/2024	108.28
	Barrier: 65% (European) Return: 3.28% p.q. Next KO Observation: 27/01/2026 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,319.08	Last CoB Level 1,316.33		% Change -0.21%
+	Dominant Majors 70 70 Memory Income Note (GBP) - December 2022	Morgan Stanley (MS B.V.)	XS2533964404	02/12/2022	04/12/2028	23/04/2024	102.29
	Barrier: 70% (European) Return: 4% s.a. Next KO Observation: 03/06/2024 Next KO Trigger: 100% Next Income Observation: 03/06/2024 Next Income Trigger: 70%	Underlyings NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) NASDAQ 100 STOCK INDX (NDX)			Start Level 27,777.90 7,556.23 11,994.26	Last CoB Level 37,552.16 8,044.81 17,471.47		% Change 35.19% 6.47% 45.67%
+	10 10 Plan - Option 1 - February 2023	Morgan Stanley (MS B.V.)	GB00BW6SLF37	24/02/2023	24/02/2033	23/04/2024	108.15
	Barrier: 70% (European) Return: 9.5% p.a. Next KO Observation: 24/02/2025 Next KO Trigger: 102.5% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 178.66	Last CoB Level 182.8933		% Change 2.37%
+	10 10 Plan - Option 2 - February 2023	Morgan Stanley (MS B.V.)	GB00BG645463	24/02/2023	24/02/2033	23/04/2024	109.09
	Barrier: 70% (European) Return: 10.8% p.a. Next KO Observation: 24/02/2025 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 178.66	Last CoB Level 182.8933		% Change 2.37%
+	10 10 Plan - Option 3 - February 2023	Morgan Stanley (MS B.V.)	GB00BG645570	24/02/2023	24/02/2033	23/04/2024	109.48
	Barrier: 70% (European) Return: 12.1% p.a. Next KO Observation: 24/02/2025 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 178.66	Last CoB Level 182.8933		% Change 2.37%
+	FTSE 100 Defensive Kick Out Plan - February 2023	Morgan Stanley (MS B.V.)	GB00BG645794	24/02/2023	26/02/2029	23/04/2024	106.91
	Barrier: 60% (European) Return: 9.26% p.a. Next KO Observation: 24/02/2026 Next KO Trigger: 95% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,878.66	Last CoB Level 8,044.81		% Change 2.11%
+	FTSE 100 Income Builder Plan - February 2023	Morgan Stanley (MS B.V.)	GB00BG645687	24/02/2023	26/02/2029	23/04/2024	93.09
	Barrier: 60% (European) Return: 2.3% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: 24/05/2024 Next Income Trigger: 5,500.00 - 8,500.00	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,878.66	Last CoB Level 8,044.81		% Change 2.11%
+	FTSE CSDI Kick Out Plan - January 2023	Morgan Stanley (MS B.V.)	GB00BW6SL861	27/01/2023	28/01/2030	23/04/2024	111.62	On Request
	Barrier: 65% (European) Return: 11.3% p.a. Next KO Observation: 27/01/2025 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 175.58	Last CoB Level 182.8933		% Change 4.17%
+	FTSE 150 Kick Out Plan - March 2023	Morgan Stanley (MS B.V.)	GB00BW6S2L66	31/03/2023	31/03/2033	23/04/2024	106.41
	Barrier: 65% (European) Return: 3.05% p.q. Next KO Observation: 31/03/2026 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,275.32	Last CoB Level 1,316.33		% Change 3.22%
+	Morgan Stanley Structured Bank Note (USD) - April 2023	Morgan Stanley (MS B.V.)	XS2599315335	12/04/2023	13/04/2026	23/04/2024	94.89
	Barrier: 100% (Capital protected) Return: 3.55% p.a. Next KO Observation: Next KO Trigger: Next Income Observation: 14/04/2025 Next Income Trigger: 1%	Underlyings Euro Stoxx 50 Pr (SX5E)			Start Level 4,334.03	Last CoB Level 5,008.17		% Change 15.55%
+	FTSE 100 Super Defensive Kick Out Plan - July 2023	Morgan Stanley (MS B.V.)	GB00BW6S1F32	07/07/2023	08/07/2030	23/04/2024	103.15
	Barrier: 60% (European) Return: 7.2% p.a. Next KO Observation: 07/07/2026 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,256.94	Last CoB Level 8,044.81		% Change 10.86%
+	Capital Guaranteed Kick Out Growth Note (USD) - May 2023	Morgan Stanley (MS B.V.)	XS2599382368	26/05/2023	28/05/2029	23/04/2024	99.22
	Barrier: 100% (Capital protected) Return: 3% s.a. Next KO Observation: 26/05/2025 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings Euro Stoxx 50 Pr (SX5E) S&P/ASX 200 INDEX (AS51) NIKKEI 225 (NKY)			Start Level 4,337.50 7,154.755 30,916.31	Last CoB Level 5,008.17 7,683.511 37,552.16		% Change 15.46% 7.39% 21.46%
+	Capital Guaranteed Kick Out Growth Note (GBP) - May 2023	Morgan Stanley (MS B.V.)	XS2599382442	26/05/2023	28/05/2029	23/04/2024	100.00
	Barrier: 100% (Capital protected) Return: 3% s.a. Next KO Observation: 26/05/2025 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings Euro Stoxx 50 Pr (SX5E) S&P/ASX 200 INDEX (AS51) NIKKEI 225 (NKY)			Start Level 4,337.50 7,154.755 30,916.31	Last CoB Level 5,008.17 7,683.511 37,552.16		% Change 15.46% 7.39% 21.46%
+	Simplicity Triple Index Defensive Phoenix Note (GBP) – September 2023	Morgan Stanley (MS B.V.)	XS2654838361	15/09/2023	15/09/2028	23/04/2024	99.91
	Barrier: 70% (European) Return: 5% s.a. Next KO Observation: 16/09/2024 Next KO Trigger: 100% Next Income Observation: 16/09/2024 Next Income Trigger: 85%	Underlyings Euro Stoxx 50 Pr (SX5E) FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 4,295.05 7,711.38 4,450.32	Last CoB Level 5,008.17 8,044.81 5,070.55		% Change 16.6% 4.32% 13.94%
+	Simplicity Triple Index Defensive Phoenix Note (USD) – September 2023	Morgan Stanley (MS B.V.)	XS2654838288	15/09/2023	15/09/2028	23/04/2024	99.56
	Barrier: 70% (European) Return: 5% s.a. Next KO Observation: 16/09/2024 Next KO Trigger: 100% Next Income Observation: 16/09/2024 Next Income Trigger: 85%	Underlyings Euro Stoxx 50 Pr (SX5E) FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 4,295.05 7,711.38 4,450.32	Last CoB Level 5,008.17 8,044.81 5,070.55		% Change 16.6% 4.32% 13.94%
+	Dual Index 95% Kick Out Plan - December 2023	Morgan Stanley (MS B.V.)	XS2682851725	24/11/2023	26/11/2029	23/04/2024	104.05	On Request
	Barrier: 70% (European) Return: 11.6% p.a. Next KO Observation: 25/11/2024 Next KO Trigger: 95% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) Euro Stoxx 50 Pr (SX5E)			Start Level 1,237.77 4,372.10	Last CoB Level 1,316.33 5,008.17		% Change 6.35% 14.55%
+	Triple Index Phoenix Note (GBP) – April 2024	Morgan Stanley (MS B.V.)	XS2754932445	02/04/2024	02/04/2030	23/04/2024	91.12
	Barrier: 70% (European) Return: 3.5% s.a. Next KO Observation: 02/10/2025 Next KO Trigger: 100% Next Income Observation: 02/10/2024 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) NIKKEI 225 (NKY) RUSSELL 2000 INDEX (RTY)			Start Level 5,042.00 39,838.91 2,065.037	Last CoB Level 5,008.17 37,552.16 2,002.643		% Change -0.67% -5.74% -3.02%
+	Developed Market Index Defensive Memory Income Note (GBP) - June 2021	Marex Financial	XS2253413624	04/06/2021	04/06/2027	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 2.5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 13,770.77 28,941.52 7,069.04 1,199.19	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Market Index Defensive Memory Income Note (USD) - June 2021	Marex Financial	XS2275803489	18/06/2021	18/06/2027	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 2.75% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 14,049.58 28,964.08 7,017.47 1,201.651	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Market Index Defensive Memory Income Note (GBP) - July 2021	Marex Financial	XS2275830706	07/07/2021	07/07/2027	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 2.5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 14,810.54 28,366.95 7,151.02 1,218.669	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Market Index Defensive Memory Income Note (USD) - August 2021	Marex Financial	XS2290775621	18/08/2021	18/08/2027	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 2.75% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 14,857.92 27,585.91 7,169.32 1,221.682	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Deep Barrier Developed Market Index Defensive Memory Income Note (GBP) - August 2021	Marex Financial	XS2290784961	19/08/2021	19/08/2027	21/02/2024	100.88
	Barrier: 65% (European) Return: 2.5% s.a. Next KO Observation: 19/08/2024 Next KO Trigger: 100% Next Income Observation: 19/08/2024 Next Income Trigger: 80%	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 14,933.94 27,281.17 7,058.86 1,217.524	Last CoB Level 17,471.47 37,552.16 8,044.81 1,321.244		% Change 16.99% 37.65% 13.97% 8.52%
+	Developed Market Index Defensive Memory Income Note (GBP) - August 2021	Marex Financial	XS2290782593	25/08/2021	25/08/2027	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 2.5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 15,368.92 27,724.80 7,150.12 1,236.297	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Markets Memory Income Note (GBP) - October 2021	Marex Financial	XS2301681990	14/10/2021	14/10/2027	23/04/2024	91.08
	Barrier: 65% (European) Return: 1.25% p.q. Next KO Observation: 15/10/2024 Next KO Trigger: 100% Next Income Observation: 15/07/2024 Next Income Trigger: 85%	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 15,052.42 28,550.93 7,207.71 1,247.864	Last CoB Level 17,471.47 37,552.16 8,044.81 1,321.244		% Change 16.07% 31.53% 11.61% 5.88%
+	Quarterly AutoCallable Income Builder (Reducing Coupon Trigger) GBP - December 2021	Marex Financial	XS2301625906	06/12/2021	06/12/2027	23/04/2024	KICKED OUT
	Barrier: 65% (European) Return: 1.5% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 15,846.16 27,927.37 7,232.28 1,264.315	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Markets Autocall Note (EUR) – December 2021	Marex Financial	XS2301630732	02/12/2021	02/12/2027	23/04/2024	104.37
	Barrier: 65% (European) Return: 7.2% p.a. Next KO Observation: 02/12/2024 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 15,990.76 27,753.37 7,129.21 1,257.813	Last CoB Level 17,471.47 37,552.16 8,044.81 1,321.244		% Change 9.26% 35.31% 12.84% 5.04%
+	Developed Market Fixed Barrier Quarterly Phoenix (GBP) - December 2021	Marex Financial	XS2301678426	17/12/2021	17/12/2027	23/04/2024	KICKED OUT
	Barrier: 70% (European) Return: 1.35% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings S&P/TSX 60 INDEX (SPTSX60) NASDAQ 100 STOCK INDX (NDX) FTSE 100 INDEX (UKX) NIKKEI 225 (NKY)			Start Level 1,259.389 15,801.46 7,269.92 28,545.68	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Global Developed Markets Monthly Autocall (GBP) - December 2021	Marex Financial	XS2301663824	29/12/2021	29/12/2027	23/04/2024	KICKED OUT
	Barrier: 65% (European) Return: 0.7% p.m. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 16,491.01 28,906.88 7,420.69 1,296.336	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A

BEFORE ACCESSING OUR WEBSITE AND ANY OFFERS YOU SHOULD READ THE FOLLOWING.

This section is intended for financial advisers and investment professionals only. It contains material that is not aimed at retail investors. Please do not proceed unless you are a financial adviser or an investment professional.

The information on this website does not and is not intended to constitute or form part of an offer, subscription recommendation or solicitation to buy or sell any financial product or to take up any services. The Mariana website does not offer investment or financial advice and should not be treated as doing so. If you are advising an investor or facilitating their investment (on an execution only basis, for example) in relation to a product referred to on the Mariana website you should satisfy yourself about the terms of the investment by reference to the full product documentation together with any ancillary materials which Mariana may provide and you should be familiar with the Key Features & Risks set out below for 1) Structured Investment products and 2) Tax Efficient Investment Products. Mariana is unable to provide any guidance as to whether a product is suitable for the individual circumstances of a client or appropriate for their attitude to risk.

Mariana does not offer Advice

The information contained on the Mariana website is for general information use only. It does not offer investment or financial advice and any information contained on this website should not be construed as investment, legal, tax or any other form of advice. If in any doubt about information on this website you should contact your account manager or email [email protected].

Past performance

Past performance is not an indication of future performance and should not be used to assess the future returns or the risk associated with your investment. It is possible to get back less than you originally invested in any of the investment products referred to herein.

Importance of Financial Advice

Investors considering an investment in a Mariana product must read and understand the full product brochure. It is important that the risks and potential rewards of a product are clearly explained to an investor by their adviser. You should note that Mariana insists that all applications to invest in Mariana product are placed through a regulated financial adviser.

Structured Investment Products: Key Features/Risks

Capital at Risk

Direct investment into a market brings with it the risks of that market since an investment’s value is likely to rise or fall in proportion to the movement of the market. Structured investment products are different in that they can change the risk and/or the return that an investment in a market may provide. Structured investment products achieve this by incorporating derivatives, named so because their performance is derived from the performance of the chosen underlying market, rather than investing directly into the market itself. Many structured investment products are not fully capital secure. They are described as ‘capital-at-risk’ and they offer enhanced income or growth but to achieve this put conditions on how or whether your capital will be repaid when the investment matures.

Counterparty Risk

Even when a structured investment product offers the full return of your capital, the return of capital is likely to be subject to counterparty risk. This is the risk that the issuer (the counterparty) of the investments underlying a product becomes insolvent or bankrupt. However remote this risk may appear, it always exists. To reduce it, we suggest that structured investment products are used only as part of a broader portfolio and that investors diversify their structured investment products across a range of counterparties. For more information about structured products and capital-at-risk products you can visit www.moneymadeclear.fsa.gov.uk.

Early encashment

Structured investments products are designed to be held until maturity and early encashment may result in a capital loss for a significant period of the investment term, particularly as there may be charges that adversely impact the value in the early years. There may also be liquidity constraints with structured investments before the stated maturity date. Details of these are outlined in our brochures.

Compensation/FSCS

Prospective investors should understand that Plan assets (i.e. the underlying investments) will be held on their behalf by the administrator and custodian but they will not have any direct legal interest in the investments or any direct rights against the issuing counterparty in the event that the counterparty becomes bankrupt or enters into an insolvency process and cannot pay its debts. Prospective investors should also be aware that under the Financial Services Compensation Scheme (FSCS) rules whilst they may be eligible for compensation in the case of the insolvency of Mariana or the administrator and custodian, they are unlikely to be eligible for compensation if the counterparty becomes insolvent.

Tax Efficient Investment Products: Key Features/Risks

Capital at Risk

Tax Efficient Investment Products typically invest in the shares of small higher risk unlisted companies. The valuation of these shares depends on the value of the assets acquired by the companies plus any income that is derived from those assets. This is not guaranteed and you may lose money. The value of shares can fall in value as well as rise and you may get back less than you invested.

Concentration Risk

The nature of the Tax Efficient Investment Product is to invest in a small number of unquoted companies and furthermore there is likely to be significant sector bias. Portfolio diversification will, therefore, be limited.

Liquidity Risk

Redeeming your investment may take time. Investments in unquoted companies can be difficult to sell, especially when compared with quoted companies where there is normally a liquid exchange for buyers and sellers. Mariana aims to provide funding to support on-going liquidity. However, these arrangements are not guaranteed

Forward looking statements

Brochures dealing with Tax Efficient Investment products may contain forward-looking financial statements and illustrations. Such forward-looking financial statements and illustrations, by their nature, are not guarantees of future performance and involve risks and uncertainties, and the actual results may differ materially as a result of various factors, and therefore reliance should not be placed upon them.

Legal and regulatory

There may be changes in the future to the legal framework and regulatory status surrounding the strategy of the Tax Efficient Investment Products and its investee companies and their assets. An example may include the reduction or removal altogether of UK government renewable energy subsidies and incentives like the RHI, ROC and FiT schemes, which may negatively affect the performance of Mariana Tax Efficient Investment Products.

Long term investment

In order to qualify for tax relief in relation to certain tax efficient strategies, investors may need to keep money in the relevant Tax Efficient Investment Product for at least a minimum qualifying period, and investors may need to continue holding the investments in some cases until their death to benefit from, for example, IHT relief.

Tax changes

Tax rates, benefits, allowances are based on the current levels, legislation and HMRC practice. More importantly they can vary significantly from person to person, and tax legislation is subject to change and cannot be guaranteed.

The Website

Considerable care has gone into the preparation and maintenance of this website. However, Mariana accepts no liability in connection with its use or the use of information it contains. No warranty is given as to the accuracy or completeness of the information it contains and no liability is accepted for any errors or omissions. Where references or links to third party websites are provided, Mariana does not endorse or make any representation about the third party or any information, material or products sourced through the third party link, or any result that may be obtained from using or entering into a transaction with the third party.

This website may not be reproduced (in whole or in part), transmitted (by electronic means or otherwise), modified, linked to or used for any public or commercial purpose without the prior written permission of Mariana.

If you are outside the UK

Users accessing this website from outside the United Kingdom should note that local legislation may not permit Mariana to offer products where they are.

Users and prospective investors should be aware at all times of the applicable laws and regulations in different countries; in particular, in the United States of America where Mariana services and investments are not licensed or authorised.

Mariana is authorised and regulated by the FCA No: 551170

By clicking AGREE, you confirm that you are an investment professional and have read, understood and agree to be bound by these terms and conditions. If you do not accept these terms, please do not continue to use or access any pages of this website.

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RISK WARNING

The following pages refer to Mariana investment products. It is important that you read and understand the risk statements below before you proceed.

Mariana’s investment products may provide both individual and institutional investors with flexible and innovative investment solutions offering varying levels of risk, asset exposure, capital protection and tax exposure.

It is important, however, that you understand the risks attached to your investments. The key risk factors are summarised below, but please remember that these are general risks and the risks that are relevant to individual products are set out in the brochure for that product.

Mariana does not provide investment advice in relation to investment products and we strongly recommend that you discuss any proposed investment with your financial adviser before you invest.

Investment in a Mariana product should form part only of your investment portfolio. You should also maintain savings you can access at short notice in case of emergency to meet any short term cash needs that may arise during the term of your investment.

Investment Risk – This is the risk arising from the market(s) or asset(s) into which your investment is made or to which the performance of your investment is linked. Their value might decrease, which could cause you to lose money or, if they increase, the amount of the increase may be greater than the return you get from your investment in a Mariana product.

Counterparty Risk – This is the risk that the financial institution by whom your investment is backed gets into financial difficulties and does not, or cannot, pay the amounts due in relation to your investment. This could cause you to lose some or all of your money and any investment returns that would have otherwise been payable.

Term Risk – This is the risk that an investor’s circumstances could change, forcing the early encashment of an investment. Such early encashment will be subject to a fee and the amount repaid is likely to be less than the initial capital invested. An investor should be aware that they may not be able to access the value of their investment immediately.

Inflation Risk – This is the risk that inflation may reduce the real value of your investment over time.

Tax Risk – The values of any tax reliefs generated by your investment will depend on your individual circumstances. You should note that the levels and bases of taxation and reliefs available may change in the future and changes may be applied retrospectively.

ISA Transfer Risk – if you wish to transfer an existing ISA, it must be done in cash. This means that your existing ISA manager will sell your investment and you are likely to be charged an exit fee. There is then the possibility of a loss of income or growth if markets should rise while your transfer is being processed.

Cancellation Risk – This is the risk that if you decide to cancel the investment after it has been purchased you are likely to lose some of your money.

It is important that you read all the related Mariana product literature carefully and in full so that you understand how the product works and can decide whether or not you are prepared to accept the risks and the possible consequences of investing in a particular product, before proceeding with your investment.

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