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If the equities markets show a negative return over the term of the "CD", you only receive back your original principal.
At Fido, Barclays offers a cap of 40% over the 5 years, whereas JPM offers only a cap of 25% over 4 years (non-callable). But Barclay's offering is NOT FDIC insured.
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At Fido, Barclays offers a cap of 40% over the 5 years, whereas JPM offers only a cap of 25% over 4 years (non-callable). But Barclay's offering is NOT FDIC insured.
Would be curious what others think.