Any one invested hsbc notes it’s like principal protected investment? Any experiences good and bad please?
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dogfoodieJan 27
Seems sus.
"Market-Linked CDs are linked to the performance of specific underlying assets and are not equivalent to investing directly in that asset. It is important to note that Market-Linked CDs may have features such as a maximum return cap or averaging, which could result in the performance of the CD differing from a direct investment in the underlying index or reference asset. Furthermore, the return on a Market-Linked CD, if any, often may not be paid until at maturity."
Seems sus. "Market-Linked CDs are linked to the performance of specific underlying assets and are not equivalent to investing directly in that asset. It is important to note that Market-Linked CDs may have features such as a maximum return cap or averaging, which could result in the performance of the CD differing from a direct investment in the underlying index or reference asset. Furthermore, the return on a Market-Linked CD, if any, often may not be paid until at maturity."
But looks like FDIC insured
Yeah you won't lose your investment, but I don't think you'll make much either.