Any Bros Here Are Into Fixed Coupon Notes (FCN)

[winners]

Hi, I was introduced to this Fixed Coupon Notes (FCN) by my Relationship Manager recently.

Any Bros here have taken on such investing instrument and if so, care to share your experience and advise here? Thanks in advance.

 

[Chase]

winnings are always capped, limited to coupons.
if you lose, u lose capital.
you will never get capital gains.

Only the issuer of the FCN guaranteed to make money. They usually use options and futures concurrently for the underlying shares.

best if you sell FCN to your RM