MSFT · Flexible — redeem any time
Microsoft
A holding in Microsoft Corporation, redeemable at any time. The value follows the share price and nothing else: there is no target return and no accrual. Single-company exposure is concentrated exposure — one business, one set of risks.
Market-linked
Follows the market
No target return: the value moves with the price of the asset, up and down.
How the return is generated
Capital allocated to this product accrues at the published target rate from the platform reward pool. Accrual is calculated daily and stops if the pool is not funded — it is not produced by trading your balance, and it is not a share of anything we earn elsewhere. The rate can be changed for new positions; a position that is already open runs on the terms it was opened with.
Terms and fees
- Term
- Flexible — redeem any time
- Lock-up
- None
- Payout
- Compounding
Whether accrued return is paid out or added to the position.
- Minimum
- 0.2 MSFT
- Maximum
- 500 MSFT
- Capacity
- No limit
- Entry fee
- 0.00%
- Exit fee
- 0.00%
- Early exit fee
- —
Risk
Target returns are estimates and are not guaranteed. Share prices fall as well as rise, and a company can lose most of its value. You may get back less than you invested. Past performance is not indicative of future results.
- Market risk
- The value of the underlying asset can fall. A return quoted in an asset is not a return in your home currency: if the asset falls against it, you can hold more of the asset and less value.
- Reward pool risk
- Accrual comes from a funded pool. If the pool is not funded, accrual stops. This is disclosed rather than hidden behind an average.
- Liquidity risk
- During a lock-up your capital is not available. Redemption and the payout that follows take time, and a fixed-term product cannot be shortened by asking.
- Operational and counterparty risk
- The platform is custodial: we hold the assets and you hold a claim on us. That claim depends on our controls, our solvency and the custody arrangements described in the security pages.
Liquidity and redemption
You can request redemption at any time. The amount is returned to your available balance, and the accrual stops on the day of redemption.