<owl:Class xmlns="https://folio.openlegalstandard.org/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:v1="http://www.loc.gov/mads/rdf/v1#" xmlns:owl="http://www.w3.org/2002/07/owl#" xmlns:rdf="http://www.w3.org/1999/02/22-rdf-syntax-ns#" xmlns:xsd="http://www.w3.org/2001/XMLSchema#" xmlns:folio="https://folio.openlegalstandard.org/" xmlns:rdfs="http://www.w3.org/2000/01/rdf-schema#" xmlns:skos="http://www.w3.org/2004/02/skos/core#" rdf:about="https://folio.openlegalstandard.org/R81AjI6Cj78XQdjfAegKrBu">
  <rdfs:subClassOf rdf:resource="https://folio.openlegalstandard.org/R2Kr3kWHR9cR4zALXqt1nM"/>
  <rdfs:label>Bonus Certificate</rdfs:label>
  <skos:altLabel>Bonus Note</skos:altLabel>
  <skos:altLabel>Structured Investment Product</skos:altLabel>
  <skos:prefLabel>Structured Note</skos:prefLabel>
  <skos:definition>A Bonus Certificate, also known as a Structured Note, is a financial instrument that allows participation in the development of the underlying asset or assets with certain protective features. The minimum redemption value is equal to the nominal value, provided a specified barrier has not been breached; if the barrier is breached, the product converts into a tracker certificate. With greater risk, multiple underlying assets (worst-of) allow for a higher bonus level or lower barrier, offering reduced risk compared to a direct investment in the underlying assets.</skos:definition>
</owl:Class>