Zusammenfassung der Ressource
High-earning investor maximising income
- structured products
- features
- instruments
- zero coupon bond
- sold at discount to par value - returns known amount at maturity
- call option
- typically FTSE 100
- typically 5-6 yr term
- no withdrawals
- kick out/auto call
- early maturity if performance threshold reached
- minimum/maximum returns
- protection
- 100% capital protection
- partial capital protection
- Structured Capital At Risk (SCARPs)
- no protection
- SCARPs
- risks
- counterparty
- order book for retail bonds (ORB)
- portfolio construction
- standard deviation