10 years of structured products and IA funds compared

4 February 2026

Recent report from IDAD reflects undervalued nature of autocall structured products, which have continued to deliver year on year. 

The analysis within The 2026 Autocall Review considers all major IA sectors for UK-domiciled funds and compares the performance to autocall structured products. While some global and thematic fund sectors achieved annualised returns well above 7% over the decade, UK-focused sectors averaged 5-6% and no fund delivered 7% in every calendar year.

Meanwhile, FTSE-linked autocalls have consistently matured with average annualised returns above 7% all in accordance with the defined terms set at outset, the report points out.

In context, no UK-domiciled fund has delivered 7% growth in every calendar year over the last decade. Whereas FTSE-linked capital at risk autocall maturities have, on average, achieved annualised returns above 7% based on retail offer plans that matured during the last decade.

The report explains how structured products work and how they can benefit investing clients.

The full report, as well as ‘Key Findings at a Glance’ is available to view here.

Past performance is not a reliable guide to future returns. You may not get back the amount originally invested, and tax rules can change over time. The writer’s views are their own and do not constitute financial advice. 

This information should not be relied upon by retail clients or investment professionals. Reference to any particular investment does not constitute a recommendation to buy or sell the investment.

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