I am a novice investor looking to protect what little savings I have, and have been reading the Bespoke Investments brochures on the "Bespoke Split Deposit BRIC Currency Bond" (NB: it is advertised in to-days SBP, but as a new poster I am not allowed to mention the URL). I am very interested in the 'Accelerated' Option - but it looks too good to be true. How can the bond yield allow an investor to be paid an attractive 250% of any potential the fall of the Reference Basket?
Apologies if I am missing anything obvious, but I am in new territory and I cannot invest in a product I don't understand - but do not want to miss a good opportunity to hedge against what might happen to the Euro in the coming months. I could find only one short and limited AAM thread on Bespoke Investments (again, I am not allowed to post the URL) so I would be grateful if anybody could help shed some light on this?
Apologies if I am missing anything obvious, but I am in new territory and I cannot invest in a product I don't understand - but do not want to miss a good opportunity to hedge against what might happen to the Euro in the coming months. I could find only one short and limited AAM thread on Bespoke Investments (again, I am not allowed to post the URL) so I would be grateful if anybody could help shed some light on this?