A Closer Look at the FTSE 100 EW45 Conditional Memory Quarterly Autocall - Issue 40

As Hilbert Investment Solutions marks its 40th issue of the Income Series, we continue to focus on delivering robust, income-driven structured products tailored for today’s evolving market conditions. With UK interest rates trending downward and cash savings accounts offering increasingly modest returns, income-focused investors are once again searching for reliable ways to generate income without taking on excessive market risk.

Dividend cuts across several sectors, softening bond yields, and lingering volatility in equity markets have all contributed to a renewed focus on defined-outcome, income-generating solutions. For IFAs and financial advisers, helping clients navigate this environment and select the best structured products available in the UK has become an important part of modern portfolio planning.

Hilbert Investment Solutions latest addition to its Income Series our 40th release has been designed precisely for these market conditions.

This article covers:

• Why structured products continue to gain traction
• Recent industry performance insights
• How Hilbert’s Issue 40 Conditional Memory Quarterly Autocall can support income-focused client portfolios
  

Structured Products: Continued Strength in a Changing Market

Structured products remain one of the most resilient and adaptable investment tools available to UK retail investors. Even through the turbulence of 2022-2024, rising rates, inflation spikes, and geopolitical uncertainty, the sector demonstrated consistent performance.

According to the Lowes Structured Product Annual Review 2024, more than 96% of maturing structured products delivered positive returns. This demonstrates that structured products are designed to deliver defined outcomes whether markets rise, fall moderately, or remain range bound.

Additional data from StructuredRetailProducts.com shows that UK retail structured products generated an annualised average return of 7.19% in 2024, with only a small fraction failing to deliver gains.

For advisers seeking predictable income solutions that offer risk-managed exposure to equity markets, these results reinforce the value of structured products within diversified client portfolios.

Introducing the FTSE 100 EW45 Conditional Memory Quarterly Autocall Issue 40

Part of the Hilbert Income Series (January 2026)

Hilbert Investment Solutions Issue 40 is now open for investment and designed specifically for clients who want conditional but regular income in a lower-interest-rate environment.

The plan aims to deliver quarterly income of 1.8875% (equivalent to 7.55% annually), even during uncertain market conditions, while providing capital protection and early maturity potential.

Key Benefits for Income-Focused Investors

Quarterly Income Payments
Investors receive 1.8875% (7.55% p.a.) each quarter where the FTSE 100 EW45 closes at or above 80% of its Opening Level at the relevant Measurement Date.

Memory Feature
If an income payment is missed due to market conditions, it can potentially be paid at a later quarter, helping support consistent long-term income.

Early Maturity (Kick-Out) Potential
If the FTSE 100 EW45 performs well, the plan may mature early. Investors then receive:

1. The income payment for that quarter
2. A full return of their original investment (less any agreed adviser charges or withdrawals)
   

Capital Protection Barrier
Capital remains protected at maturity unless the FTSE 100 EW45 falls by more than 40% from its Opening Level.

Defined Investment Timeline

1. Maximum term: 10 years
2. Quarterly kick-out opportunities beginning after the fourth Quarterly Measurement Date

This structure provides clear expectations and a disciplined investment framework.

Important: Investors and advisers should read the Plan Brochure and Key Information Document (KID), produced by the Issuer / Counterparty Bank, before making any investment decision.

Who Is This Structured Product Designed For?

This plan is suitable for investors who:

• Want an alternative to declining rates on savings accounts
• Seek diversified, conditional income without full market exposure
• Are building ISA or SIPP portfolios and want tax-efficient income opportunities
• Prefer defined outcomes rather than open-ended market uncertainty
• Can accept conditional income and understand that payments depend on index performance

This product is intended to be used as part of a diversified investment strategy.

Final Thoughts

As interest rates continue to decline and traditional income sources become less reliable, structured products are increasingly used by advisers to help clients meet income objectives with clearer risk parameters.

Hilbert’s FTSE 100 EW45 Conditional Memory Quarterly Autocall Issue 40 offers a compelling combination of:

• Conditional income
• Capital protection features
• Defined investment outcomes

…making it a timely solution for today’s evolving UK market.

Disclaimer:

Structured products are complex and not suitable for everyone. Before making any investment decision you should read the Key Information Document (KID) and the brochure in full, so that you understand how the product works, the associated risks, the costs and the possible outcomes.

Hilbert does not provide investment or tax advice. If you are unsure whether an investment is right for you, you should seek professional financial advice. Hilbert’s products are available via a regulated platform.

Your capital is at risk and you may lose some or all of the money you invest. Early encashment may result in a return lower than the amount invested. Tax treatment depends on individual circumstances and may change.