金融产品设计.pdfVIP

Economic Motivation 1.1 Gold Price Analysis Long-term trend 2000 1600 1000 300 2005 2006 2007 2008 2009 2010 2011 2012 Short-term volatility 1800 1700 1600 1500 2012.6 2012.7 2012.8 2012.9 2012.10 2012.11 2012.12 Investors’ concern: eager to gain benefit from rising trend of gold price, however, how to minimize the risk caused by price volatility? Golden Finger 1.2 Marketing 1. Product highlight Gold price increases Price up and hits barrier Higher expected annualized return than Early redemption to enjoy the high 3-year risk-free rate. The best case is return immediately. No worries about more than 200% for Tranche B. the gold price falling down later. Gold price decreases Different preferen