video1.0<iframe src="https://www.loom.com/embed/7cff0c69459a4aa38403d3b54d936258" frameborder="0" width="1920" height="1440" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>14401920Loomhttps://www.loom.com14401920https://cdn.loom.com/sessions/thumbnails/7cff0c69459a4aa38403d3b54d936258-3398015cae32cb36.gif335.531This Loom reviews a Morgan Stanley structured note called a Principal Protection Note that offers 100% principal protection with asymmetric upside. The contract, trading in $1,000 increments, has a three year term and cannot be called away for one year, with a single call at the one year mark paying a 20% to 20.80% premium if conditions are met. If not called, it provides participation in the lesser of Google, Meta, or NVIDIA’s upside with 100% principal protection down to the downside at maturity. The note is senior and unsecured, so repayment is subject to Morgan Stanley credit risk and is not FDIC-insured.