Commodities, Derivatives and Structured Products

Equity Accumulators and Decumulators

Overview

Accumulators and decumulators are popular structured products which are sold to clients of private banks. While they are popular, they are also high risk investments. Before selling these products, you should know how they are structured and their inherent risks.

Objective

On completion of this course, you will be able to:
- understand what equity linked accumulators and decumulators are and how they are structured
- outline the factors that affect their structure and valuation
- highlight the risks when investing in accumulators and decumulators
- identify the main client considerations when selling accumulators and decumulators

Content Highlight

1. Accumulators and Decumulators: The Building Blocks
2. Equity Accumulators
3. Accumulators - Pricing Factors
4. Accumulators - Risk Characteristics
5. Accumulators - Client Consideration
6. Equity Decumulators
7. Decumulators: Client Considerations

Administrative Details

Code
TEPDS20008301
Venue
ePlatform
Relevant Subject
Type 1 - Dealing in securities
Type 4 - Advising on securities
Language
English
Hours
SFC:1.00, PWMA:1.00
Fees
All Member: HKD300
Chinese Securities Association of Hong Kong (HKCSA): HKD420
Non-Member: HKD600
Staff of Corporate Member: HKD300