Basket Return means the return on the Basket over the term of the Notes, expressed as a percentage, calculated in accordance with the following formula: No Variable Return will be paid unless the Final Basket Level is greater than the Initial Basket Level. The Variable Return is subject to a Maximum Return but will not, in any case, be less than zero. The Principal Amount of the Note, together with any Variable Return, will be paid on May 17, 2024 subject to adjustments as set out in “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”. The Basket Level reflects only the applicable price appreciation or depreciation of the Shares and does not reflect the payment of dividends or distributions thereon. Accordingly, a Noteholder will not benefit from any dividends or distributions declared on the Shares.
Basket Return means the return on the Basket over the term of the Notes, expressed as a percentage, calculated in accordance with the following formula:
Basket Return means the return on the Basket between the Lookback Valuation Date and the Final Valuation Date, expressed as a percentage, calculated in accordance with the following formula: No Variable Return will be paid unless the Final Basket Level is greater than the Lookback Basket Level. The Variable Return is subject to a Maximum Return but will not, in any case, be less than zero. The Principal Amount of the Note, together with any Variable Return, will be paid on May 26, 2025 subject to adjustments as set out in “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances”. The Basket Level reflects only the applicable price appreciation or depreciation of the Shares and does not reflect the payment of dividends or distributions thereon. Accordingly, a Noteholder will not benefit from any dividends or distributions declared on the Shares. For the purpose of calculating the Lookback Basket Level the Calculation Agent will calculate the Basket Level on any TSX Business Day. Provided that if a TSX Business Day is not an Exchange Business Day for a Share then the Closing Price of that Share on the previous Exchange Business Day will be used to calculate the Lookback Basket Level on any Lookback Valuation Date.
Examples of Basket Return in a sentence
The "Lock-in Basket Return" will be the pre-determined percentage which corresponds to the highest lock in level which is reached or exceeded by the Basket Return on any Valuation Date.
If "Alternative Calculation" is specified in the Final Terms, the applicable performance structure used to determine the Additional Amount will differ depending on whether or not the Basket Return on a particular Valuation Date has exceeded one or more pre-specified Barrier Levels, as set out in the relevant Final Terms.
More Definitions of Basket Return
Basket Return means an amount calculated as tollovs:
Basket Return means an amount caIcuIated as toIIors:
Basket Return means the return of the UBS Target Volatility Strategy on the Prices of the Basket Components, which is calculated in accordance with the following formula:
Basket Return means the sum of the Weighted Share Returns.
Basket Return means, unless otherwise specified in the definition of the relevant Series in the applicable Final Terms, an amount calculated in accordance with the following formula:Weight of Share x Share Return + Weight of Index x Index Return + Weight of Fund x Fund Return + Weight of Index Future x Index Future Return;
Basket Return means the Basket Performance multiplied by 100 per cent. (such percentage is indicative and will be determined by the Issuer not earlier than 21 June 2006 and not later than the Initial Setting Date by reference to the then prevailing market conditions, subject to a minimum of 92 per cent.). If the Basket Performance is zero or negative then, at maturity, the investor will only receive 100 per cent. of the principal amount. Basket PerformanceThe potential return is a monthly average of the performance of a re-weighting basket of the three Components from and including 23 June 2009 to and including 23 June 2011 – an average of 25 “Observation Levels” as outlined below. Monthly CalculationsThe percentage performance of each Component (each a “Component Performance”) is calculated monthly in respect of each period from and including the previous Observation Date to and including the relevant Observation Date (each a “Performance Period”). Such calculation willbe determined on the Observation Date at the end of the relevant Performance Period by taking the value of the relevant Component on the Observation Date at the end of the Performance Period and dividing it by the value of that Component on the Observation Date at the beginning of the Performance Period.There are 60 Performance Periods each with three corresponding Component Performances - one for each of the three Components.The first Performance Period, (Performance Period1) starts on Observation Date0 and ends on Observation Date1. The final Performance Period (Performance Period60) starts on Observation Date59 and ends on Observation Date60. Component Trends and WeightsAt the start of each Performance Period the weighting applied to each Component Performance is fixed for the relevant Performance Period. This weighting is determined by the percentage performance of the relevant Component over the three month period ending on the start date of such Performance Period (each a “Trend Component Performance” for a “Trend Period”) by taking the value of the relevant Component on the Observation Date at the end of the Trend Period and dividing it by the value of that Component on the Observation Date at the beginning of the Trend Period.The first Trend Period (Trend Period1) starts on Observation Date-3 and ends on Observation Date0, the last Trend Period (Trend Period60) starts on Observation Date56 and ends on Observation Date59.There are 60 Trend Periods each with three corresponding Trend Component Perf...
Basket Return means an amount equal to the sum of the product of Performance for each Share or Index (as applicable) in the Basket multiplied by the relevant weighting of such Share or Index in the Basket.