Monday, May 21, 2007

High expense ratio of structured products

Dear Mr Tan

I enjoy your posting on your meeting with Mr Bogle of Vanguard. You said that structured products are being sold in Singapore with high expense ratios (which are not disclosed). The end investors get a yield of 1% p.a. or lower after investing for 3 to 5 years.

Can you give some examples?



I suggest that you read the following FAQs in my website:

Avoid Structured Products

Structured Investment Products

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