hop 5Y Tech Step-Down Kickout Plan (CIBC59)

Term

5 years

Underlying

Nvidia, Alphabet, Amazon

Return

15% p.a. (paid at maturity)

Observation Dates

Every three months from 11 October 2027 to 09 July 2031 (inclusive)

KO / Return Barrier

90% | 80% | 70% | 60% | 50%

Capital at Risk Barrier

50% European

Counterparty

CIBC

Counterparty credit ratings

S&P Rating	Fitch Rating	Moody's Rating
A+ (stable outlook)	AA (stable outlook)	Aa2 (stable outlook)

UKSPA product code

1260 - Kick Out

Summary Risk Indicator

Important Dates

Closing Date	ISA Transfer Date	Strike Date
07/10/2026	25/09/2026	09/10/2026

Details

There are set dates during the term (every three months, from the end of the first year onwards) when investors might receive a return. If all three stocks (Nvidia, Alphabet and Amazon.com) close at or above a reducing percentage of their Start Levels on one of these dates, the Plan will mature early and repay the Amount Invested, together with a fixed return equal to 15% for each year that has passed since the Start Date (not compounded).
If there is no early maturity, there are two possible outcomes at maturity:

If all three stocks close at or above 50% of their Start Levels at maturity, investors receive a fixed return of 75% and the Amount Invested is repaid in full.
If any of the stocks close below 50% of their Start Levels at maturity, investors will make a loss. They will lose 1% for every 1% fall in the worst-performing stock from its Start Level.

Availability

	Cash ISA	Equity ISA	Direct	ISA Transfer	SIPP
Availability
Minimum contribution	n/a	£3,000	£3,000	£3,000	£3,000

* Credit ratings are correct as of 20 August 2026. ** Minimum contributions do not include any applicable adviser charges. † This plan is available for investment through third party SIPP Providers.

Apply online PDF application forms Reserve Now

All investments involve risks, and investors could lose some or all of the money that they invest. Investors should read and understand the literature for any investment product in full, particularly any sections on risks, before deciding to invest. All information displayed on this site is subject to our Terms of Use. We make no warranties as to the accuracy or completeness of any information displayed and you should not rely on this information when making investment decisions to clients. The product provider has paid a fee for their products to be shown on this website. For further information and explanation of our terminology and terms, please visit our Glossary page.

Back to Current Offers

hop 5Y Tech Step-Down Kickout Plan (CIBC59)

Join our community

Download application forms