CIMB recently launched a new conventional structured product that may allow high-net worth investors to earn a fixed annualised return of 4.88 per cent, plus an equity style dividend. The product called CIMB Twin Yield Income Investment.
The product is for investor who look for a combination of safety, good regular income and potential further upside. The product yields two returns, from high cumulative fixed-income returns referenced to CIMB group’s “AA3” rated sub-ordinated note and variable equity based dividends from markets where CIMB group is well positioned in.
Similar to other structure investment product, CIMB Twin Yield Income Investment comes with capital protected on the call dates. The minimum investment for this new capital protected product is RM250,000. The maximum subscription is RM300 million and this offer will ends on 26th March 2010.
Variable returns are based on an equally weighted basket of five reference indices – the MSCI Indonesia Index, Thailand SET 50 Index, MSCI Malaysia Free Index, MSCI Singapore Cash Index and the S&P GSCI Excess Return Index.
During the promotional period, investors will get a FREE Panasonic 50″ Plasma HDTV for minimum of RM1,000,000. The HDTV worth more than RM5,000