Buying a Structured Security: Easy as 1-2-3September 18, 2014 - 21:52
A number of clients Cube has spoken to recently have been asking whether it really is as easy as we say to buy unbundled structured products as opposed to plans.
In fact, once you’ve identified the right structured investment for your client, something that Cube Research can always help you with, structured securities are even easier to buy than plans, as well as being cheaper. Here’s three steps you’ll need to buy an unbundled security:
- Find the Isin code and the name of the product you want to buy
- Login to or ring your wrap, platform or broker
Ask them to buy it for you as you would for any ETF, fund or unit trust
Is it really that easy?
If it’s not in a plan is it still a retail product?
Well, yes. According to the FCA
, at least.
Can you give me an example of a structured fund or listed product that I could buy through a platform?
Sure, here's our list of products that can be accessed through a platform. Yes, really.