Dear Mr. Tan
My friend Alice recently attended a property fair at Marina Bay Sands. She was approached to join Company A which do structured investments for clients with guaranteed capital gain of 115% annually, i.e. if you put in $100,000, you will get $115,000 annually. Alice was surprised and was informed that the money collected is used to purchase properties in USA to generate the yields. Her question was whether such form of investments are legal and are endorsed by the regulator? What is your 'feel' of such products, Mr Tan?
This product is not regulated. You give $100,000 to a company who gives you a piece of paper and do what they like with your money. If the company does not pay back your investment, what can you do? Never trust this type of unregulated investments.