BAML report on structured products explodes the myth of poor returns
Structured products almost always deliver expected or better-than-expected returns, according to an analysis of products that have matured over the past 10 years by Bank of America Merrill Lynch. Only one out of 40 products chosen by the bank failed to break even.
Structured products have produced astonishing returns during the financial crisis and rarely disappoint investors, according to a report from Bank of America Merrill Lynch (BAML). Reviewing the performance of 40 structured products that have launched and matured in the past 10 years, the bank discovered that 37 made a positive return (usually in double-digits annually), two broke even and only one produced a return lower than the issue price.
"This track record... is the result of keeping
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