Filed Pursuant to Rule 433
Registration No. 333-180488
Strategic Accelerated Redemption Securities® (STARS) are Market-Linked Investments that provide an opportunity for above-market returns while usually offering some market downside protection, or buffer, against the risk of loss. STARS are unsecured debt securities of an issuing company that are linked to a market measure or asset, such as the S&P 500, stocks or commodities. STARS include automatic-call dates (typically three) when the STARS may be automatically redeemed prior to or at maturity. If on a call date the level of the linked market measure meets or exceeds the call level (generally the same as the starting value), the issuer must buy back the STARS at a premium. You will receive back your principal plus the applicable call premium. This call premium amount increases with each successive call date. However, STARS will not yield any positive return if theyre not called and may result in a loss. Although STARS may include a buffer against a certain percentage of losses, beyond the buffer you will bear one-to-one downside exposure to declines in the linked market measure. STARS also do not pay interest. Any returns on STARS, including any repayment of principal, are subject to the credit risk of the issuer.
|Merrill Lynch Wealth Management makes available products and services offered by Merrill Lynch, Pierce, Fenner & Smith Incorporated, a registered broker-dealer and member SIPC, and other subsidiaries of Bank of America Corporation.|
|Are Not FDIC Insured||Are Not Bank Guaranteed||May Lose Value|
Merrill Lynch offers a variety of Market-Linked Investments in four basic categories
Offer exposure to the upside performance of the linked market measure with no or limited exposure to declines in the value of that market measure at maturity. Payments remain subject to issuer credit risk.
|May offer access to less readily available markets that may not be available through the other categories. Usually have one-to-one upside and downside exposure similar to a direct investment in the linked market measure.|
Offer periodic, variable or fixed interest payments with, in some instances, an added payout at maturity based on the performance of the linked market measure. Generally offer no or limited market downside protection.
|Offer the potential to receive better-than-market returns if the linked market measure performs well, often up to a cap. Generally offer no or limited market downside protection.|
IMPORTANT NOTICE: This fact sheet provides an overview of STARS only and does not provide the terms of any specific security proposed to be sold. Merrill Lynch will furnish you with a prospectus that contains the terms of the relevant offering. Prior to making any decision to invest, you should read that prospectus for a detailed explanation of the terms, risks, tax treatment and other relevant information. Additionally, you should consult your accounting, legal or tax advisors before investing.
Prior to selling any particular STARS, the issuer will have filed with the Securities and Exchange Commission (SEC) a registration statement, including a prospectus, containing more complete information about the potential offerings described in this fact sheet. Before investing, you should carefully read the relevant prospectus and the other documents filed by the issuer with the SEC. You may obtain these documents without cost by visiting EDGAR on the SEC Web site at www.sec.gov. Alternatively, the issuer or Merrill Lynch will arrange to have the documents sent to you; call Merrill Lynch toll-free at 1-866-500-5408.
Merrill Lynch Wealth Management is a registered trademark of Bank of America Corporation.
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