I read with great interest, when Straits Times posted the article on how a certain structured product of High Notes 5 in DBS is currently facing the problem of an imminent dissolution due to the collapse of Lehman Brothers. To understand more about structured products, you may read http://www.askdrmoney.com/Analysis_Structured_Explained.htm
Brilliant marketing + investment products = Beware of the devil in the fine print
I do not deny the benefits of leaving your money in the care of professionals and experts, but the biggest gripe is most if not all structured products use clever marketing words to mislead and imply statements that are not true, and the disclaimers are always written in the smallest font in the last line of the brochure. Words like "9% payout on 1st year..." does not necessarily mean you will receive an investment return of 9%, but rather 9% is tapped from your initial investment and repaid to you.
Sadly, so many people take things at face value, make uninformed decisions and always end up on the losing side of the deal.
There's a brilliant website that read and analyzed several structured products of Singapore Banks. You may want to read them at http://www.askdrmoney.com/Analysis_Structured_Bank_Products.htm
So, if you ever want to consider investing in structured products, think again.
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