Gold Link Capital Protected Fund

Dear Mr. Tan
What are your view of this product?
> 100% Capital Protected
> 3 years
> MAX annual return 23% - 25%p.a.
> No service charge if hold until maturity
> A small portion in invested in JP MORGAN GOLD INDEX
> The balance is invested in 3 years NRID

This fund will invest in the gold market in June. What is your forecast on its performance? Is now a good time to do in Gold-LINK products?? Is commodity related funds favorable to go in at this point of time?

REPLY
I dislike all capital protected and capital guaranteed products. My reasons are stated in this FAQ:
http://www.tankinlian.com/faq/sinvest.html

If you are willing to take a risk in gold, it is best to invest in it directly, and not through a structured product. However, if you are not sure about the risk, you should stay away from it.

Personally, I find gold, oil and commodity prices to be too high, due to speculation. I avoid them at this time.