Hi Mr Tan,
I need your advice. Last year, I invested $50,000 in the Pinnacle Notes which will mature in 2012. Will the US subprime mortages affect this product? Can you advice on the risk involved in this product ?
REPLY
I am not familiar with the actual investments of this product. I understand that some structured products were invested in Collaterialised Debt Obligations (CDOs) which comprise of these subprime mortgages.
I suggest that you ask this question to the issuing bank. I am interested to know their answer as well.
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