Sunday, November 16, 2008

Check the weekly prices of your credit linked notes

Here is a tip.

Ask you distributor to show you the website that you can check the weekly prices of the credit linked notes that you have bought.

If you find that the notes have dropped in value, you should ask for an explanation from the distributor or the product issuer.

You can make your request verbally. If you do not get a satisfactory answer, you can send your request in writing. If it is still not answered, you can lodge a complaint with MAS.

It is the duty of the distributor to advice you on how you can get this important piece of information. As the value of many series of notes are dropping seriously, you should monitor these values regularly.

2 comments:

  1. They wont reveal the prices

    Neither they will ever get back to you

    And when you push really hard enough their reply are as spotted as the leopard coat, everywhere but nowhere, no head no tail

    to get to the bottom of what you want, knocking on doors is irrelevant, you have to slip thru it

    aint so, those of you who had tried and FAILED, and those who had tried alternatively and SUCCEEDED?

    ReplyDelete
  2. Is there any point to check? Its only 1% left so whether it is less than 1% or fail, does it matter?

    ReplyDelete