Principal-protected notes, which offer a basket of securities that secure capital and put an upper-limit on returns, are also increasingly popular.
通过提供一组证券来保有本金,获得有上限收益的保本票据也不断变得流行起来。
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Just ask the poor UBS clients who were sold Lehman Bros. principal protected notes.
FORBES: Rethinking Long-Only Equity
Principal protected notes are one common type of structured product.
Combining derivatives with high-yield notes had gotten untold numbers of investors into trouble, especially those who invested in Lehman principal protected notes, which went belly up and left investors holding the bag.
FORBES: Investment Conflicts SEC Should Police First
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