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FAME'S SUITE OF FIXED INCOME PRODUCTS

PRODUCT TYPE	Equity Linked Notes (ELNs)	Bonds
PRODUCT DESCRIPTION	Equity Linked Note (ELN) is a short term (typically 1 month) yield-enhancement financial instrument. It pays an attractive yield and is an alternative to direct share trading.	A bond is a debt investment in which an investor loans money to an entity (government or corporate). Depending on the terms of the bond, the issuer is obliged to pay the holders fixed sums of interest (the coupon) and to repay the principal at a later date (maturity). The type of bonds available include: Fixed-rate bond, Floating-rate bond, Zero-coupon bond, Convertible bond, Perpetual Securities/Bond.
BENEFITS	Able to earn potentially higher yield as compared to fixed deposit. No brokerages charges, only have to pay the costs incurred for the delivery of shares (if ELN got exercised) Underlying asset can be acquired at a better price as compared to the market at inception. Transfer fees of two times 1.5bps of settlement value (subject to a min of S$80.25 GST included) will be charged.	Stable income stream Regular coupon / interest payments, predictable stream of income Higher returns Offer higher yields than short term deposit in general Investment portfolio diversification In terms of investment instrument mix, risk / reward profile, maturity, interest rate & currency exposure Credit enhancement / sweeteners Bonds may be packaged with guarantee, security.
RISKS	Not principal guaranteed or principal protected. Value of underlying asset maybe less than your investment amount. ELN, being a short tenor product, should be held to maturity. If investors need to ‘sell’ back the ELN, the issuer buyback price may be substantially less than the original ELN price.	Market risk Credit risk Liquidity risk Foreign exchange risk

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