Maturing Structured Products - Harbour Highlights

Harbour Capital Protected Note Series 7

Linked to the FTSE/JSE Top 40 Index with 100% capital protection. This note has tracked strong equity performance over its term, benefiting from the post-2022 recovery in SA equities. Final valuation based on the average index level over the last three months.

30 Jun

Maturity

12.1%

Est. return p.a.

Maturing

Harbour Global Dividend Basket Note Series 1

Linked to a basket of 20 high-dividend global equities including Unilever, Johnson & Johnson, and Procter & Gamble. The note accumulated quarterly dividend equivalents reinvested at each observation date. Performance has been resilient through recent volatility.

15 Jul

Maturity

9.3%

Est. return p.a.

Maturing

Harbour SA Income Enhancer Note Series 1

A fixed-income note linked to the 3-month JIBAR rate plus a 2.5% spread. This inaugural series delivered consistent quarterly income payments throughout its 4-year term, benefiting from elevated interest rates in the South African market.

30 Sep

Maturity

10.8%

Est. return p.a.

Maturing

Reinvestment options at maturity

When a structured product matures, your capital and any gains are returned to your investment account. Your Harbour Wealth advisor will contact you ahead of each maturity date to discuss reinvestment options, which may include rolling into a new structured product series, reallocating to your model portfolio, or a combination of both. We recommend reviewing your overall financial plan at each maturity event to ensure your asset allocation remains aligned with your goals.

What happens at maturity

At the maturity date, the final performance of the underlying asset or index is calculated according to the terms set out in the original term sheet. For capital-protected notes, your initial investment is returned in full regardless of market performance, plus any participation in positive returns. For notes without full capital protection, the barrier level determines whether any capital is at risk.

Proceeds are typically settled within 5 to 10 business days of the maturity date and credited directly to your Harbour Wealth investment account. You will receive a final maturity statement detailing the calculation methodology, the performance of the underlying, and the total return achieved.

Rollover into new products

Many clients choose to reinvest maturing proceeds into the latest structured product offerings. This allows you to maintain a consistent allocation to defined-outcome investments while benefiting from updated terms that reflect current market conditions. Your advisor can walk you through the products currently on offer and help you assess which best fits your risk profile and income needs.

View all existing products, explore what's currently on offer, or review our Investment Strategies.