Many structured products which offer both a return related to growth of the stock market and a guarantee against capital loss of these claims should not be taken at face value, IMA believes.
Many structured products which offer both a return related to growth of the stock market and a guarantee against capital loss of these claims should not be taken at face value, IMA believes. Promoters are under no obligation to report performance, making it hard to assess the accuracy of claims about product returns, IMA says.
One promoter which is prepared to disclose information is National Savings & Investment, whose guaranteed equity bond (GEB) issues are an example of "uncapped call" products which account for 54% of the UK structured product market.
Press release
© IMA
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article