If the final underlier level on the determination date is greater than the initial underlier level (set on the trade date), the return on your notes will be positive and will equal 2 times the underlier return, subject to the maximum settlement amount of $1,190 for each $1,000 face amount of your notes. The performance of the underlier may significantly diverge from that of the index. The underlier follows a strategy of “representative sampling”, which means the underlier’s holdings are not the same as those of the index. The return on your notes is linked to the performance of the underlier, and not to that of the MSCI Emerging Markets Index (index) on which the underlier is based.
The amount that you will be paid on your notes on the stated maturity date (expected to be September 30, 2021) is based on the performance of the iShares ® MSCI Emerging Markets ETF (underlier) as measured from the trade date (expected to be September 25, 2019) to and including the determination date (expected to be Septem). Leveraged Buffered iShares ® MSCI Emerging Markets ETF-Linked Notes due
