Monday, August 03, 2009

Prudential Yield 15/20

Someone posted a comment that the Prudential 15/20 is similar to the Great Link Choice. Can policyholders of this product give feedback on:

a) The structure of the product
b) Does it guarantee against the failure of a certain number of CDOs
c) What is the current value of the various tranches of this product?
Posted by at

3 comments:

Anonymous said...

Get MAS to investigate GE and their asgens firs and then Prudential and then ntuc.
These agents are the greatest malpracritioners.

August 03, 2009 7:01 PM
W M Loh said...

my friend works in a bank. i understand that there are 7 more credit events to go in approx 1 year's time before they become worthless. let me check on the price and revert. customers are torn between redeeming at current market value or betting on the chance that not all the remaining credit events will happen on maturity date. if you were the customer, what would u do?

August 04, 2009 1:30 AM
Anonymous said...

The Risk reward is not worth holding the product.... I would take the cash and hold... there is still to me much uncertainty, "irrational excuberence", being generated at the moment.

August 04, 2009 10:22 AM

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