Has anyone invest in Dual Currency Linked Investment before? If yes, pls share your views on it . Thnx?

Question

Has anyone invest in Dual Currency Linked Investment before? If yes, pls share your views on it . Thnx?

Answer 1

I work for an investment bank... DCL investments are generally for sophisticated investors who are seeing to generate higher than normal returns based on the exchange rate of a base and linked currency. Based on prevailing currency market conditions and your views on the currency market, you can select the preferred conversion rate between the base currency and linked currency. This will in turn determine the return that you will earn from this investment.

If you are not able to take a specific and confident view on a pain of currencies then this product is not for you.

The usual purchasers are sophisticated clients (hedge funds, institutional investors, companies, etc...).