Sunday, November 16, 2008

Check the weekly prices of your credit linked notes

Here is a tip.

Ask you distributor to show you the website that you can check the weekly prices of the credit linked notes that you have bought.

If you find that the notes have dropped in value, you should ask for an explanation from the distributor or the product issuer.

You can make your request verbally. If you do not get a satisfactory answer, you can send your request in writing. If it is still not answered, you can lodge a complaint with MAS.

It is the duty of the distributor to advice you on how you can get this important piece of information. As the value of many series of notes are dropping seriously, you should monitor these values regularly.