Life is sweeter when you have bigger, more satisfying returns on your deposits. With Yield Enhancement Investment (DCYEI), you can get just that! On maturity, you will receive the deposit plus interest earned in either the base or the alternate currency, at the pre-agreed strike price.
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Suitability of Dual Currencies Yield Enhancement Investment
The Yield Enhancement Deposit is suitable for those:
seeking potentially higher interest returns than time deposits or
receptive towards receiving either the base currency or the alternate currency or
who may have potential need for the alternate currency because they
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conduct business transactions in the alternate currency
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have children pursuing an overseas education
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have investment properties and housing loans in the alternate currencies
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have potential investments in the alternate currency or
who think that the base currency would be weakening against the alternate currency
Benefits of Yield Enhancement Investment
Enjoy the many benefits of Yield Enhancement Investment
It gives you the potential to earn substantially higher interest rates than traditional time deposits
Risks of Yield Enhancement Investment
In the event the deposit is repaid in the alternate currency, and if you choose to have an immediate conversion to the base currency, you may receive less than the original deposit amount. As such, YED is not principal protected.