Summary: | 碩士 === 靜宜大學 === 管理碩士在職專班 === 97 === This paper discusses that the risks of investment in structured notes by analyzing documentary realities. In additional, we use the structured notes which the H bank sold in the past as an example in order to help investors to analyze the risks and traps of investment. This study finds that as the variety if structured notes have been developed, it is very important to select the financial commodities which are best suitable for the investors properly. Moreover, we find that the global systemic risk triggered by the U.S. subprime mortgage crisis not only impacted that some issuing agencies of capital guaranteed notes went bankrupt but also had a negative impression on the structured notes for investors. In summary, as financial commodities are issued and innovated continually, structured notes emphasized their principle protection and high profitability characteristics. Investors should select appropriate commodities based on individual’s attitude toward risk. Furthermore, investors should make their efforts to realize the characteristics and the risk of the commodity before they make any investments.
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