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Course information
Synopsis
Accumulators are designed for investors who wish to accumulate an asset, typically a stock, on a regular basis over a period of time. The attraction is that investors will buy N units of the asset or stock at the strike price which is cheaper than today’s spot price. The drawback is that 2N units or a higher number of units have to be purchased at the strike price should the price of the asset go below the strike. A knock-out barrier above today’s spot price is usually added to lower the leverage of the accumulator to a reasonable level.
Learning Objectives
- (1) Know the key features in an accumulator product
(2) Understand how accumulators work
(3) Know the risks to investors due to the asset price going to a low level as well as the knock-out barrier
Course Instructor
Chan Onn
Content Expert
Dr. CHAN Onn's background is in the field of Mathematics. He was a faculty member of the department of Mathematics at NUS and was part of the Financial Markets Education team at UBS AG Singapore.
Funding Options
Concessionary rates are also available for bulk enrolments. Please email us at smartlearn@comeandsee.com.sg and we will reply to you within 2 working days.
Course information
Synopsis
In a CPPI product, the investment portfolio is dynamically rebalanced according to a prescribed recipe. A CPPI note is structured to have maximal exposure to the risky asset subject to the requirement of capital protection. In this course, we will take a look at CPPI strategy, including how it works and its difference from classical capital protected notes.
Learning Objectives
- (1) Understand how CPPI works
(2) Know the similarities and differences between classical capital protected notes and CPPI notes
Course Instructor
Chan Onn
Content Expert
Dr. CHAN Onn's background is in the field of Mathematics. He was a faculty member of the department of Mathematics at NUS and was part of the Financial Markets Education team at UBS AG Singapore.
Funding Options
Concessionary rates are also available for bulk enrolments. Please email us at smartlearn@comeandsee.com.sg and we will reply to you within 2 working days.
Credit Linked Notes and Dual Currency Investments
Course start date: 21 August 2025
- Course Duration:0.5 hr
- Course Full Fee:SGD 30
Course information
Synopsis
This course introduces two common structured products, namely credit linked notes and dual currency investments. There is brief coverage on the credit default swap contract as it is an essential building block for many credit linked notes. This course also covers dual currency investment, a yield enhancement product where a higher yield is earned by selling an option on a currency pair.
Learning Objectives
- (1) Know what is Credit Default Swap
(2) Know how to incorporate the rudiments of the Credit Default Swap into a Credit Linked Note
(3) Know when the Credit Linked Note is suitable for a client
(4) Understand the differences between Credit Linked Note and Bond Linked Note
(5) Understand Dual Currency Investments as a yield enhancement product
Course Instructor
Chan Onn
Content Expert
Dr. CHAN Onn's background is in the field of Mathematics. He was a faculty member of the department of Mathematics at NUS and was part of the Financial Markets Education team at UBS AG Singapore.
Funding Options
Concessionary rates are also available for bulk enrolments. Please email us at smartlearn@comeandsee.com.sg and we will reply to you within 2 working days.
Understanding Structured Products
Course start date: 23 August 2025
- Course Duration:1.5 hr
- Course Full Fee:SGD 80
Course information
Synopsis
Structured products are investments which provide a return based on the performance of an asset. This course introduces the rationale for structured products, the types of structured products as well as their construction and features.
Learning Objectives
- (1) Know what structured products can offer investors that the classical asset classes cannot
(2) Know the key features of a structured product
(3) Know the characteristics of various wrappers
(4) Understand the credit risks and liquidity constraints in structured products
(5) Know what a client advisor should know and do before recommending structured products
(6) Know the various factors to note when assessing product suitability
(7) Know the classification of structured products with respect to their risk-reward profiles
(8) Know the construction of classical capital protected notes
(9) Understand how a range accrual note works
Course Instructor
Chan Onn
Content Expert
Dr. CHAN Onn's background is in the field of Mathematics. He was a faculty member of the department of Mathematics at NUS and was part of the Financial Markets Education team at UBS AG Singapore.
Funding Options
Concessionary rates are also available for bulk enrolments. Please email us at smartlearn@comeandsee.com.sg and we will reply to you within 2 working days.
Structured Products: Perspectives and Investment
Course start date: 22 September 2025
- Course Duration:4.0 hr
- Course Accreditation:FTS
- Course Full Fee:SGD 250
Course information
Synopsis
Why do investors need structured products? The course begins with an answer to this question, before getting into a classification of structured products based on their functionality, such as capital protection, yield enhancement, participation and leverage. The constructions of some capital protected and yield enhancement products are discussed in explicit details. In addition, variations of these examples are introduced to illustrate how structured products can serve investors with different risk-reward preferences and market views. The final two sections are devoted to accumulators and constant proportion portfolio insurance (CPPI) products that have grown in popularity in recent times.
Learning Objectives
- (1) Know what structured products can offer investors that the classical asset classes cannot
- (2) Know the key features of a structured product
- (3) Know the characteristics of various wrappers
- (4) Understand the credit risks and liquidity constraints in structured products
- (5) Understand what a client advisor should know and do before recommending structured products
- (6) Know the various factors to note when assessing product suitability
(7) Know the classification of structured products with respect to their risk-reward profiles
(8) Know the construction of classical capital protected notes
(9) Understand the key points to note in a term sheet
(10) Understand how a range accrual note works
(11) Understand the construction of yield enhancement notes
(12) Know how to compare the risk-reward profile of an Equity Linked Note versus a long position in the underlying equity
(13) Know the rudiments of the Credit Default Swap contract and how it is incorporated into a Credit Linked Note
(14) Know the mechanics of a Dual Currency Investment and when it may be a natural product for investors who wish to buy a foreign currency at a cheaper rate than today’s spot rate
(15) Know the key features in an accumulator product
(16) Understand how accumulators work
(17) Know the risks to investors due to the asset price going to a low level as well as the knock-out barrier
(18) Understand the concepts of floor value, cushion, crash size and multiplier that are used in the re-balancing of the investment portfolio on a regular basis
(19) Know the similarities and differences between classical capital protected notes and CPPI notes
Course Instructor
Chan Onn
Content Expert
Dr. CHAN Onn's background is in the field of Mathematics. He was a faculty member of the department of Mathematics at NUS and was part of the Financial Markets Education team at UBS AG Singapore.
Funding Options
Concessionary rates are also available for bulk enrolments. Please email us at smartlearn@comeandsee.com.sg and we will reply to you within 2 working days.
Yield Enhancement Products: Short Option Strategy
Course modified date: 22 September 2025
- Course Duration:0.5 hr
- Course Full Fee:SGD 30
Course information
Synopsis
Yield enhancements in structured products typically come from the premiums collected from selling options and credit protection. An equity linked example is used to illustrate the construction of a yield enhancement note as well as to compare such a note versus a long position in the underlying equity.
Learning Objectives
- (1) Know the construction of yield enhancement notes
(2) Know how to compare the risk-reward profile of an Equity Linked Note versus a long position in the underlying equity
Course Instructor
Chan Onn
Content Expert
Dr. CHAN Onn's background is in the field of Mathematics. He was a faculty member of the department of Mathematics at NUS and was part of the Financial Markets Education team at UBS AG Singapore.
Funding Options
Concessionary rates are also available for bulk enrolments. Please email us at smartlearn@comeandsee.com.sg and we will reply to you within 2 working days.