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If you are a pension fund or an annuity you should be very careful about having anything to do with a Principal Protected Note or any related structure(this is
by mamonster 3y ago
If you are a pension fund or an annuity you should be very careful about having anything to do with a Principal Protected Note or any related structure(this is basically a PPN ETF). This product has a history of the 100% principal protection line not working out.
Just ask Lehman Brothers about it: https://www.slcg.com/files/research-papers/Structured%20Products%20in%20the%20Aftermath%20of%20Lehman%20Brothers.pdf https://www.slcg.com/files/research-papers/Structured%20Prod...