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Structured Notes

Tuesday, February 26, 2013 - 9:43 PM
Dear Readers,

There is an interesting Note that's based on EURO STOXX 50:

http://www.sec.gov/Archives/edgar/data/895421/000095010313000782/dp35992_fwp-ps569.htm

Another one that's interesting is based on Russell 2000 and LIBOR:

http://www.sec.gov/Archives/edgar/data/831001/000095010313000578/dp35792_424b2.htm

Both are not insured by FDIC and both have contingent interest, and return of principal is based on ability of the  the issuer to pay back.

Yours Truly.
Anonymous
3
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
1. Thursday, February 28, 2013 - 3:42 PM
Dear Readers,

Here is URL for term-sheet for one more note. As before, this not insured by FDIC and payment depends upon the ability of issuer to pay back.

http://www.sec.gov/Archives/edgar/data/19617/000089109213001544/e52228_424b2.htm

Yours Truly.
- Anonymous
2
ytytytyt64 posts since
Feb 28, 2013
Rep Points: 197
2. Monday, March 4, 2013 - 10:38 AM
Dear Readers,

And here is one more.  This appears similar to a Reverse-convertible-note however it is not RCN.  It is a very much a structured note.  It is based on stock of "Bank of America".  As before, no FDIC insurance. Contingent interest / payment of principal depends upon ability of issuer to pay back.

Max return a holder of this note can get is 13.40% per annum, payable at a rate of 3.35% per quarter.

URL for term sheet:

http://www.sec.gov/Archives/edgar/data/19617/000119312513074743/d491323dfwp.htm

Yours Truly.
- Anonymous
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
3. Friday, March 8, 2013 - 5:56 PM
Dear Readers,

Term sheet for new issue note from Credit Suisse AG is at URL below.  Knock-in at 60% level. Absent knock-in the return is 9% to 11% per annum. (As before no FDIC insurance, and both interest/principal payment dependes upon ability of issuer to pay back)  Return depends uopn Russell 2000, US Oil Funds, and Marketvector Gold Fund.


http://www.sec.gov/Archives/edgar/data/1053092/000089109213001819/e52366fwp.htm

Yours Truly.
- Anonymous
2
ytytytyt64 posts since
Feb 28, 2013
Rep Points: 197
4. Saturday, March 9, 2013 - 2:13 PM
One more ...

http://www.sec.gov/Archives/edgar/data/895421/000095010313001504/dp36718_424b2-ps637.htm
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
5. Friday, March 15, 2013 - 9:16 AM
One more ... Based on Brazil and China.

http://www.sec.gov/Archives/edgar/data/312070/000119312513093848/d497676d424b2.htm
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
6. Saturday, March 16, 2013 - 2:10 PM
And one more.  with 30% buffer ... Based on Russell 2000 and Miners.

http://www.sec.gov/Archives/edgar/data/312070/000119312513093936/d497787d424b2.htm
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
7. Wednesday, April 3, 2013 - 9:11 AM
.

New month ... more of New Issues.

6.00%*-8.00%* per annum note: http://www.sec.gov/Archives/edgar...2812fwp.ht

6.50%*-8.50%* per annum note: http://www.sec.gov/Archives/edgar...2790fwp.ht
 
1
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
8. Wednesday, April 3, 2013 - 10:02 AM
Dear Readers,

As we can see, the term sheet for both these are available as of today - April 3, 2013. The trade date for both these products is April 25, 2013.  That gives a trader 21 days to place his/her trade.

So ... if the trader has a computer with Windows ME, and has a dial-up connection, then that will be quite sufficient to place the trade and get an execution.  (Actually I guess the trader can even cycle or walk to his/her local library and use the computers there to do this.)

... Nah ... There is no need of a multi-billion dollar hyperfast super-computer to do Structured Notes! ... Oh ... this is with regards to some assetions that to profit a billion dollar compter is required.

http://www.depositaccounts.com/blog/2013/03/how-the-recession-changed-retirement-planning.html#comments

Yours Truly.
- Anonymous
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
9. Wednesday, April 3, 2013 - 5:33 PM
I read the SEC document describing the 6%-8% note, and readers should understand the notes can be called as early as July of this year. Also, it is possible to lose a significant amount of your principal if you quess wrong about the stock market. You would be much better off just buying a stock index fund than these securities. At least your upside wouldn't be capped if you bought the index fund, and your risk of principal loss is really no less than these structured notes.

ytyt, you can obviously post about anything you want, but the readers of Ken's website are not likely to be interested in this stuff. I think you would have a more interested audience at another forum where people are willing to assume this type of risk. However, if you persist in continuing this thread, at least disclose all the risks for each of these securities.
1
loulou521 posts since
Aug 3, 2010
Rep Points: 3,239
10. Sunday, April 14, 2013 - 9:29 AM
isnt last post incorrect, b/c there is less loss of preincipal with the structured notes vs. index fund?

Also- if anonymous knows of any available FDIC insured structured investments now, I am interested. I have called several sources in Fl ;jhave been unable to locate any Tks
1
dale26sdale26s1 posts since
Apr 19, 2012
Rep Points: 1
11. Sunday, April 14, 2013 - 10:55 AM
Dear dale26s,

If by last post you mean the one that has date/time "April 3, 2013 - 5:33 PM" by poster "lou", than I agree.  The buffer offers protection that does not exist for a typical index fund/ETF.

Besides that, the post has other inaccuracy as well.  This poster (lou) even seem to offer me advice about "Ken's website" and what "stuff" readers might/might-not be interested in. In fact this website has a section for "Investments // Non deposit account investments" within which such posts, I'd imagine are expected, nay welcome.  I guess basic English comprehension lessons are required for this poster (lou), in addition to some basic lessons about how the Structured Notes differs from the index funds/ETFs!  And then this poster (lou) offers me recommendation that I need to disclose risks. The documents for which I've posted a links contain a section that describes all the risks that are involved.  Maybe basic English comprehension lesson will be insufficient for this poster (lou), more might be required!    ;-)

There are whole lot of Structured CDs that have FDIC insurance for the principal (not the interest) that are offered each month. So far, I've found that the products offered each month by Fidelity can be viewed reliably even by the folks who don't have accounts at Fidelity.  Some of them are CDs and some are Notes.  Go over the prospectus of each to determine.

URL: http://fidelity.com

Navigation: (a) Investment Products (b) Fixed Income & Bonds (c) Structured Products (under section Other Fixed Income) (d) Find Structured Products (under section Find new issue structured products).

This should bring a page that shows what's offered, with Prospectus for each.  Details on this page keep changing as new issues are offered and old are removed.  As of today I see that there is one Structured CD by issuer "Union Bank" and two by issuer "JP Morgan Chase Bank".  The product by Barclays is not is a Structured CD, but a Structured Note.

Yours Truly,
- Anon
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
12. Monday, April 15, 2013 - 7:39 AM
Yt is right about one thing: he can post anything he wants as long as Ken doesn't mind. If any reader thinks these investments are a good idea, I would urge them to google "structured notes: are they a good investment?" Do the research and make up your own mind. IMHO, they are a ripoff. If you think you are going to outsmart  JP Morgan or any other bank, then go ahead and buy them.

I will provide one link, but trust me there are a dozen more just like this one:

http://www.forbes.com/sites/greatspeculations/2012/11/30/structured-notes-buyers-be-warned/

 
1
loulou521 posts since
Aug 3, 2010
Rep Points: 3,239
13. Monday, April 15, 2013 - 10:06 AM
.

Dear Readers,

If you wish to read material that describe volumes about negative aspects of the Structured Products, then the best I know is at link below:

http://www.slcg.com/products.php?c=1f960

Out of that link below will show the analysis done for the Structured Products by Lehman with the express purpose of litigation against the issuer!

http://www.slcg.com/pdf/workingpapers/Structured%20Products%20in%20the%20Aftermath%20of%20Lehman%20Brothers.pdf

Now then, even after reading about various risks involved, and analysis about the various negative aspects of Structured Products, if you still wish to use them, well ... then that is your choice.  ... Aha ... and I know that despite all of this, I for one, feel comfortable taking the risks involved in the Structured Products when I see an appropriate product that is suitable for my tactic.

Yours Truly,
- Anon
1
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
14. Sunday, April 21, 2013 - 12:25 PM
.

Link to one more Note. 

http://www.sec.gov/Archives/edgar/data/1160106/000095010313002282/dp37497_424b5-ps37.htm

For 1st year interest is fixed at 12.50% per annum.  After that it is variable and can be as low as 0%.  Return of principal and payment of interest of course is dependant upon ability of the issuer to pay back.

This note has no FDIC/NCUA insurance.
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
15. Sunday, April 21, 2013 - 3:24 PM
I quess I have too much free time because I just reseached the structured CD just posted by YT.

Here are the relevant details:

The average interest rate you would have received pursuant to this CD, if you look at the period from 1996 through 2011, is 2.48%. This is a 20-year CD that is not liquid, so you will have no way to redeem the CD for 20 years. Good luck!
1
loulou521 posts since
Aug 3, 2010
Rep Points: 3,239
16. Sunday, April 21, 2013 - 3:58 PM
.

Dear Readers,

One more:

http://www.sec.gov/Archives/edgar/data/19617/000089109213002708/e52806fwp.htm

This is a BREN note. CUSIP: 48126DH93; Upside Leverage Factor: 1.5 capped between 15% and 19%; Buffer Amount: 10%. Duration about 1.5 years.

This note has no FDIC/NCUA insurance.

Yours Truly,
- Anon
2
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
17. Saturday, April 27, 2013 - 12:11 PM
Dear Readers,

As new month May approaches, documents (prospectuses/term-sheets) for new notes are getting released.

Here is link to material from a one by HSBC. 

http://www.docstoc.com/docs/154119216/Prospectus-HSBC-USA-INC-MD---4-24-2013

Yours Truly,
- Anon
1
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
18. Wednesday, May 1, 2013 - 11:45 AM
Another one:

http://www.sec.gov/Archives/edgar/data/895421/000095010313002585/dp37807_424b2-ps761.htm

7% fixed for first 5 years, and 7% "contingent" for next 5. 

As always - No FDIC insurance, and payment of interest/principal subject to ability of the issuer to pay back
1
ytytytyt64 posts since
Feb 28, 2013
Rep Points: 197
19. Sunday, May 5, 2013 - 7:18 AM
Another:

http://studio-5.financialcontent.com/edgar?accesscode=89109213003852

Will give 9.50% to 11.50% depending upon perforamce of Gold Miners (Marketvector Gold Miner ETF) and Russell 2000.  Term 1 year. Buffer 35%.

As always - No FDIC insurance, and payment of interest/principal subject to ability of the issuer to pay back.
1
ytytytytytytytyt158 posts since
Jan 28, 2013
Rep Points: 623
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