Morgan StanleyGrowth NoteCatapult3 Years
Traded Oct 2026 · Matures Oct 2029
Timeline
Last updated on Oct 29, 2026
Principal Protected Growth Note - Earn 17.50% in Year-1 or 1.5x in Year-3
Microsoft Corp
MSFT
Develops enterprise software, cloud computing, AI platforms, productivity applications, and operating systems for consumers and businesses.
Market Cap
$3,720bn
3-Yr CAGR
11%
3-Yr Max DD
-30%
Apple Inc
AAPL
Designs and sells consumer electronics, software, and digital services centered around an integrated ecosystem of devices and applications.
Market Cap
$4,920bn
3-Yr CAGR
18%
3-Yr Max DD
-19%
Alphabet Inc
GOOG
Operates the world's leading internet search, digital advertising, cloud computing, AI, and productivity software platforms.
Market Cap
$4,120bn
3-Yr CAGR
45%
3-Yr Max DD
-24%
CAGR: Compound Annual Growth Rate · DD: Maximum Drawdown
Note is called in Year-1
17.50%
Stock is up 20% at maturity
30%
Stock is down 20% at maturity
0%
If the note is called after Year 1, it ends early and investors receive a 17.50% return, provided the worst-performing underlier among MSFT, AAPL and GOOGL is flat or positive.
If not called, the note provides 1.5X uncapped upside participation based on the worst-performing underlier at maturity.
At maturity, principal is returned if the worst-performing underlier has a negative return.