In the Monetary Authority of Singapore’s (MAS) Part I Response to Feedback Received for Policy Consultation of the Regulatory Regime Governing the Sale and Marketing of Unlisted Investment Products released yesterday, the use of the terms ‘Capital Protected’ or ‘Principal Protected’ for mass market products familiar to retail investors will soon be banned. [...]

Many investors and non-investors alike, including me, have been baffled by the complexity of the Lehman-linked structured notes. I will attempt to shed some light on the inner workings based on what I managed to figure out. Most of the information found here are from the Lehman Minibond Base Prospectus and Minibond Series 2 Pricing Statement. The following [...]

Capital protected fund is often mistaken for capital guaranteed funds. Normally packaged as a structured note/deposit, it is very popular during bear markets. Like now!

Capital Guaranteed funds are guaranteed by the issuing financial institution, normally a bank or fund house. The risk lies in the solvency of the issuing financial institution. [...]