Structured Products (Issued by Banks)

Key Features

What are Structured Investments?

Structured Investments (SI) combine a fixed-income instrument with derivatives to provide customised risk-return opportunities.
Returns are linked to the performance of underlying assets, such as: Interest rates, Foreign exchange rates, Equities, Indices, Commodities.

*A 7-day review period generally applies to retail clients for standardised products with a tenor exceeding 6 months.

Product Features

Simple structure: Returns are linked to a reference interest rate. Generally, the higher the reference rate, the higher the potential return.
Flexible tenor: Investment tenor can be tailored based on market conditions, with a range of maturity options available.
Diverse reference rates: Reference interest rates can be customised according to market conditions, offering different benchmark rate options.

Illustrative Example: Cap/Floor Structure

If the reference interest rate on the pricing date is at or above the Upper Threshold, the investor will receive an annualised return of B% on the payout date.
If the reference interest rate on the pricing date is at or below the Lower Threshold, the investor will receive an annualised return of A% on the payout date.
If the reference interest rate on the pricing date is between the Upper and Lower Threshold, the investor will receive an annualised return equal to the reference interest rate observed on the date.

*Product features and terms are subject to the final terms of the product issued by the Bank.

Product Features

Simple structure: Returns are linked to a reference exchange rate. Generally, the higher the reference rate, the higher the potential return.
Flexible tenor: Tenors can be tailored to market conditions.
Choice of reference rates: A range of reference exchange rates is available based on market conditions.

Illustrative Example: FX-linked Structure

If the reference exchange rate on the pricing date is at or above the Threshold Exchange Rate, the investor will receive an annualised return of B% on the payout date.
If the reference exchange rate on the pricing date is below the Threshold Exchange Rate, the investor will receive an annualised return of A% on the payout date.

*Product features and terms are subject to the final terms of the product issued by the Bank.

Product Risks

Investment Risk Warning:

This product is a structured product. Investors should fully understand the product and its risks before investing.
This product is not a deposit and is not protected by deposit insurance.
.Before investing, investors should carefully read the Product Brochure (including the Risk Disclosure Statement), Client Acknowledgement, Terms and Conditions, Application Form, and all other relevant documents, and make their own investment assessment.
As an investment product, this product is subject to both market risk and the credit risk of the Bank.
Investors should not sign any product document until they have fully understood the relevant terms, conditions and risks.
Early termination may result in a return amount lower than the original investment. In the worst-case scenario, investors may lose their entire principal investment.
This product is subject to various risks, including, but not limited to, investment risk, underlying asset risk, liquidity risk, credit risk, tax risk, foreign exchange risk, early termination risk, settlement risk, inflation risk, product suspension risk, product term amendment risk, country risk, legal risk, reinvestment risk, event risk and interest rate risk. In extreme circumstances, investors may lose all invested principal and any potential returns. Please refer to the relevant product documentation for full details of the risks involved.