Currency Linked (Redemption Upon Knock-out) SIP is a structured product embedded with yield-boosting currency option and an early redemption opportunity.
The interest received depends on the performance of the underlying currency pair. Knock-out feature provides early redemption opportunity prior to maturity. If the Linked Currency does depreciate against the Deposit currency on the determination date, your principal and interest amount will be converted to the Linked Currency.
Please refer to the product offering documents for detailed product terms and information.
DBS Bank (Hong Kong) Limited is not your investment adviser or acting in any fiduciary capacity to you. The above information is not and shall not be considered as investment advice. It does not constitute any offer or solicitation of offer to subscribe, transact or redeem any investment product. Investment involves risk. Past performances are not indicative of future performances. You should not rely on the above information alone to make any investment decision. You should carefully read the product offering documentation and our "Investment Products Consolidated Terms and Conditions"for detailed product information and risk factors prior to making any investment. If you have any doubt on this material or any product offering documentation, you should seek independent professional advice.
Structured Investment Product is a structured product involving derivatives ("the Product"). The investment decision is yours but you should not invest in the Product unless DBS Bank (Hong Kong) Limited has explained to you that the Product is suitable for you having regard to your financial situation, investment experience and investment objectives.
The Product is NOT principal protected. The Product is NOT a protected deposit and is not protected by the Deposit Protection Scheme in Hong Kong. The Product is different from traditional time deposits and should not be treated as their substitutes.