New Way to Play FANG Stocks Falls Short for Some Investors

‘Auto-callable’ notes tied to tech stocks are gaining in popularity but aren’t always delivering large payouts

By Ben Eisen | Sept. 11, 2018 5:30 a.m. ET

Investors looking to reap the gains of highflying technology stocks while avoiding the risk are finding they can’t do both.

Citigroup Inc., UBS Group AG and Royal Bank of Canada are among the banks that have issued this year more than $1 billion worth of a type of structured notes linked to one or more of the four FANG stocks: Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. Issuance has more than doubled from a year earlier through mid-July, according to mtn-i, a London-based firm.


PAIRING 01

New Way to Play FANG Stocks Falls Short for Some Investors

‘Auto-callable’ notes tied to tech stocks are gaining in popularity but aren’t always delivering large payouts

By Ben Eisen | Sept. 11, 2018 5:30 a.m. ET

Investors looking to reap the gains of highflying technology stocks while avoiding the risk are finding they can’t do both.

Citigroup Inc., UBS Group AG and Royal Bank of Canada are among the banks that have issued this year more than $1 billion worth of a type of structured notes linked to one or more of the four FANG stocks: Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. Issuance has more than doubled from a year earlier through mid-July, according to mtn-i, a London-based firm.


PAIRING 02

New Way to Play FANG Stocks Falls Short for Some Investors

‘Auto-callable’ notes tied to tech stocks are gaining in popularity but aren’t always delivering large payouts

By Ben Eisen | Sept. 11, 2018 5:30 a.m. ET

Investors looking to reap the gains of highflying technology stocks while avoiding the risk are finding they can’t do both.

Citigroup Inc., UBS Group AG and Royal Bank of Canada are among the banks that have issued this year more than $1 billion worth of a type of structured notes linked to one or more of the four FANG stocks: Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. Issuance has more than doubled from a year earlier through mid-July, according to mtn-i, a London-based firm.


PAIRING 03

New Way to Play FANG Stocks Falls Short for Some Investors

‘Auto-callable’ notes tied to tech stocks are gaining in popularity but aren’t always delivering large payouts

By Ben Eisen | Sept. 11, 2018 5:30 a.m. ET

Investors looking to reap the gains of highflying technology stocks while avoiding the risk are finding they can’t do both.

Citigroup Inc., UBS Group AG and Royal Bank of Canada are among the banks that have issued this year more than $1 billion worth of a type of structured notes linked to one or more of the four FANG stocks: Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. Issuance has more than doubled from a year earlier through mid-July, according to mtn-i, a London-based firm.


PAIRING 04

New Way to Play FANG Stocks Falls Short for Some Investors

‘Auto-callable’ notes tied to tech stocks are gaining in popularity but aren’t always delivering large payouts

By Ben Eisen | Sept. 11, 2018 5:30 a.m. ET

Investors looking to reap the gains of highflying technology stocks while avoiding the risk are finding they can’t do both.

Citigroup Inc., UBS Group AG and Royal Bank of Canada are among the banks that have issued this year more than $1 billion worth of a type of structured notes linked to one or more of the four FANG stocks: Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. Issuance has more than doubled from a year earlier through mid-July, according to mtn-i, a London-based firm.


PAIRING 05

New Way to Play FANG Stocks Falls Short for Some Investors

‘Auto-callable’ notes tied to tech stocks are gaining in popularity but aren’t always delivering large payouts

By Ben Eisen | Sept. 11, 2018 5:30 a.m. ET

Investors looking to reap the gains of highflying technology stocks while avoiding the risk are finding they can’t do both.

Citigroup Inc., UBS Group AG and Royal Bank of Canada are among the banks that have issued this year more than $1 billion worth of a type of structured notes linked to one or more of the four FANG stocks: Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. Issuance has more than doubled from a year earlier through mid-July, according to mtn-i, a London-based firm.


PAIRING 06

New Way to Play FANG Stocks Falls Short for Some Investors

‘Auto-callable’ notes tied to tech stocks are gaining in popularity but aren’t always delivering large payouts

By Ben Eisen | Sept. 11, 2018 5:30 a.m. ET

Investors looking to reap the gains of highflying technology stocks while avoiding the risk are finding they can’t do both.

Citigroup Inc., UBS Group AG and Royal Bank of Canada are among the banks that have issued this year more than $1 billion worth of a type of structured notes linked to one or more of the four FANG stocks: Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. Issuance has more than doubled from a year earlier through mid-July, according to mtn-i, a London-based firm.


PAIRING 07

New Way to Play FANG Stocks Falls Short for Some Investors

‘Auto-callable’ notes tied to tech stocks are gaining in popularity but aren’t always delivering large payouts

By Ben Eisen | Sept. 11, 2018 5:30 a.m. ET

Investors looking to reap the gains of highflying technology stocks while avoiding the risk are finding they can’t do both.

Citigroup Inc., UBS Group AG and Royal Bank of Canada are among the banks that have issued this year more than $1 billion worth of a type of structured notes linked to one or more of the four FANG stocks: Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. Issuance has more than doubled from a year earlier through mid-July, according to mtn-i, a London-based firm.


PAIRING 08

New Way to Play FANG Stocks Falls Short for Some Investors

‘Auto-callable’ notes tied to tech stocks are gaining in popularity but aren’t always delivering large payouts

By Ben Eisen | Sept. 11, 2018 5:30 a.m. ET

Investors looking to reap the gains of highflying technology stocks while avoiding the risk are finding they can’t do both.

Citigroup Inc., UBS Group AG and Royal Bank of Canada are among the banks that have issued this year more than $1 billion worth of a type of structured notes linked to one or more of the four FANG stocks: Facebook Inc., Amazon.com Inc., Netflix Inc. and Google parent Alphabet Inc. Issuance has more than doubled from a year earlier through mid-July, according to mtn-i, a London-based firm.


PAIRING 09