EFTA00825116.pdf

From: Richard Kahn To: "jeffrey E." <jeevacationggmail.com> Subject: Fwd: S&P Trade Idea Date: Wed, 22 Jun 2016 17:43:44 +0000 Attachments: MLZTZ.PDF Richard Kahn HBRK Associates Inc. Begin forwarded message: From: "Pollard, James S" Subject: S&P Trade Idea Date: June 22, 2016 at 10:15:26 AM EDT To: "Richard Kahn Cc: "Darrah, John W - NEW YORK NY" Rich, Below are the details on one of our structured notes this month tied to the S&P 500. I attached the prospectus here as well. Lookback ARN Linked to the S&P 500 Index • Approximately 2 years (June 2018) • Lookback: the Starting Value will be the lowest closing level of the S&P 500 during a one month period beginning June 29 • 3 to 1 on the upside of the index to a cap of 17-21% • Current Range: 17-21 • 1 to 1 on the downside • Deadline is Wednesday 6/29/16 @ 3 PM • Issuer: HSBC This would be an interesting way to get invested into the equity markets depending upon how things shake out after the vote on Thursday. Any sort of pullback in the month of July you can capture and get "knocked-in" at the lowest closing level for one month after the 6/29 deadline. If you're not expecting the market to appreciate much further than the previous 2134 high on the S&P this will allow for additional return above and beyond that. EFTA00825116 Just so you're aware these notes will trade at a low delta to the underlying index until we get closer to maturity. Let me know your thoughts. Best, Jim James S. Pollard Registered Analyst Team Darrah I Merrill Lynch Wealth Management The Park Avenue Office Team Darrah Website The information set forth herein was from sources, which we believe reliable but we do not guarantee its accuracy neither the information nor an opinion expressed constitutes a solicitation by us of the purchase or sale of any securities or commodities. The market information contained herein, including, but not limited to, prices, quotes, and statistics, has been obtained from sources that we believe to be reliable, but we do not offer any guarantees as to its accuracy or completeness. Past performance is no guarantee of future results. All information is subject to change without notice. Neither the information nor any opinion expressed constitutes a solicitation for the purchase or sale of any security or other instrument. Merrill Lynch considers your trade confirmations and monthly statements to be the official documentation of all transactions. Bank of America Corporation (Bank of America) is a financial holding company that, through its subsidiaries and affiliate companies, provides banking and nonbanking financial services. Merrill Lynch, Pierce, Fenner & Smith Incorporated is a registered broker-dealer, member of SIPC, and wholly owned subsidiary of Bank of America Corporation. Investment products: Are Not FDIC Insured Are Not Bank Guaranteed May Lose Value ©2009 Merrill Lynch, Pierce, Fenner & Smith Incorporated. All rights reserved. Member Securities Investor Protection Corporation (SIPC). This message, and any attachments, is for the intended recipient(s) only, may contain information that is privileged, confidential and/or proprietary and subject to important terms and conditions available at http://www.bankofamerica.com/emaildisclaimer. If you are not the intended recipient, please delete this message. EFTA00825117