BECAUSE

Due to the predicament of credit and duration risk, investors searching for higher net return in the short-term money market space, knowing that enhancing duration does not get compensated by the market.

Given the plethora of a market demand for self-liquidating products, IMMCTM offers a perfect solution for investors seeking enhanced net cash returns in a low (negative) yield environment in a risk-controlled manner

The Issuer is a direct participant in the “buy-and-sell” transaction. Each underlying transaction is based on a Fixed Price, Fixed Term and Fixed Return.