The transaction details above are only indicative of an investment made in Ringgit Malaysia referencing to New Zealand Dollar and is purely for illustration purpose only.
The Day Count Fraction and the correlation between the spot rate and the Target Conversion Rate (TCR), which determines the redemption amount and currency of the pay out at maturity, may differ from the indicative transaction details above depending on the currency pair of your investment.
Premium CurrencyInvestment is not a deposit but an investment product. Unlike traditional deposits, Premium CurrencyInvestment has an investment element and returns may vary. The return on Premium Currency Investment will be dependent, to at least some extent on movements in specified currency exchange rates.
Currency exchange rates are affected by a wide range of factors, including national and international financial and economic conditions and political and natural events. The effect of normal market forces may at times be discounted by interventions by central banks and other bodies including foreign exchange controls being imposed.
At times, the exchange rates and prices linked to such rates may rise or fall sharply. Such rise and fall in rates can result in a loss on the principal sum (in comparison with the amount of the base currency initially invested) if the proceeds are paid at maturity in the alternate currency.
This document does not constitute any recommendation that any person enters into any transaction described or any similar transaction and must be read in conjunction with the Bank's Product Documents. You may wish to seek advice from a licensed or an exempt financial adviser before making any commitment to invest in this product.
In the event that you choose not to seek advice from a licensed or exempt financial adviser, you should carefully consider whether this product is suitable for you.
The returns on your Structured Product Investment will be affected by the performance of the Underlying Assest / Reference , and the recovery of your principal investment may be jeopardised if you make an early redemption . This Structured Investment is not insured by Perbadanan Insurans Deposit Malaysia.