Discount Certificates
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Discount Certificates are listed products that allow investors to earn a fixed yield on the cash investment in return for taking on a certain level of equity risk based on the future direction of the underlying equity/shares. Buyers of DCs may receive the underlying shares at a lower price compared with the market price of the shares (upon maturity) when the DCs are launched.
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Features/ Benefits of DC:
| Features |
Benefits/Characteristics |
| Yield Enhancement |
Capital Growth |
| Target buying strategy |
You can receive shares at a discount as compared with the share price at launch |
| Two-way prices by market maker |
Flexibility; Creates liquidity |
| SGX-listed |
Price transparency |
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These materials and information are provided for information and general circulation only and does not have regard to the specific investment objective, financial situation or particular needs of any specific person. Investors should seek advice from a financial or professional adviser regarding the suitability of the investment product, taking into account the specific investment objective, financial situation or particular needs of each person in receipt of these materials and information before making a commitment to purchase the investment product.
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