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Redefine Your Investment Strategy with Structured Notes

Unlock a new level of investment sophistication with Structured Notes from Maybank. These customizable debt securities offer returns linked to a diverse range of assets, including equities, indices, interest rates, currencies and commodities, enabling you to tailor your investment to your specific financial goals and risk tolerance.

At Maybank, our exclusive “quanto” feature provides built-in protection against currency fluctuations, giving you access to global investment products while safeguarding your returns from currency risk.

With Maybank Securities (Thailand) holding a strong “AA (tha)” rating from Fitch Ratings, you can invest with confidence, assured that you are backed by a trusted and reputable institution.

Explore the Types of Structured Notes

Principal Protection Notes

Return of Principal. Offer partial or full return of your initial investment.
Participation in Performance. Enable you to capitalize on the price fluctuations of underlying securities, potentially amplifying returns.
Low Risk. Generally regarded as lower risk compared to other structured note types, due to principal protection.
Predictable Outcomes. Ensure a more stable return profile, facilitating better financial planning.

Yield Enhancement Notes

Periodic Coupons. Provide regular, predefined coupon payments, which can offer attractive income opportunities.
Conditional Payments. Coupons are paid if the price of the underlying securities remains within specified price limits, providing income when market conditions remain stable.
Higher Coupon Rates. Often offer higher coupon rates compared to traditional fixed-income investments, compensating for the conditional nature of the payments.
Market Stability. Best suited for investors who believe the underlying securities will stay within the predetermined price range.

Participation Notes

Performance Tracking. Track the price performance of the underlying securities, allowing you to capitalize on their value changes.
Enhanced Yields. May offer higher returns if the price of the underlying securities stays within predetermined limits, potentially increasing your overall yield.
Upside Exposure. Allow investors to benefit from positive price movements of the underlying securities, enhancing overall returns.
Conditional Returns. Provide returns based on the underlying securities meeting certain performance criteria, aligning rewards with market performance.

Leveraged Notes

Amplified Gains. Use leverage to potentially boost returns, magnifying gains compared to a direct investment in the underlying securities.
Higher Risk. Carry a greater risk of loss due to the amplified nature of returns, which can lead to significant fluctuations in value.
Potential for High Return Volatility. The use of leverage can increase volatility in investment returns, potentially leading to both higher gains and higher losses.
Short-Term Focus. Often suited for investors with a higher risk tolerance and a short-term investment horizon, as leverage can magnify short-term market movements.

Who Should Consider Structured Notes ?

Qualified Investors

Meet the criteria for High-Net-Worth (HNW) Investors or Institutional Investors (II) as defined by regulations.

Defined Investment Horizon

Planning to invest over a short-to-medium term, typically between one month and two years.

Diversification Needs

Seeking to efficiently diversify your investment portfolio.

Enhanced Risk-Return Profile

Aiming to improve your risk-return profile compared to direct investments in underlying securities.

Tolerance for Downside Risk

Prepared to accept potential losses, including the possibility of losing principal with non-principal protected notes.

Customized Solutions

Need investment solutions tailored to specific financial goals.

Overview

Product Variants

Knock-In Knock-Out Equity Linked Note (“KIKO”)

Periodic Income Stream. Provides regular coupon payments that may exceed those of conventional deposits.

Knock-Out Feature. Allows for early redemption in cash before maturity.

Knock-In Feature. Offers a safety buffer to protect against principal loss, continuing coupon payments even if a Knock-in Event has occurred.

Potential Physical Settlement. May be redeemed in shares at maturity based on the strike price of the worst-performing securities.

Suitable for qualified HNW Investors or Institutional Investors (II) seeking higher income, with a short-to-medium investment horizon (6 months to 1 year), and expecting a stable or slightly rising market trend.

Bull Equity Linked Note ("Bull ELN")

High Interest Income. Provides a yield that exceeds conventional deposits with similar maturity.

Moderate Upside Participation. Designed for investors expecting a moderate upward trend in underlying securities.

Potential Physical Settlement. May be redeemed in shares at maturity based on the predetermined strike price.

Short-Term Investment. Available with tenors of one or two months.

Suitable for qualified HNW Investors or Institutional Investors (II) seeking higher returns, a short investment horizon (1-2 months), and a moderate rise in market prices.

Product Variants.

Shark Fin Bull Note

Principal Protection. Provides up to 100% principal protection if held to maturity.

Capped Upside Participation. Provides participation in the upside of underlying securities if no Barrier Event has occurred.

Rebate. Provides a flat rebate (if any) if the Barrier Event occurs.

Minimum Interest. Guarantees a minimum interest (if any) at maturity if held to maturity.

Suitable for qualified HNW Investors or Institutional Investors (II) seeking partial/full principal protection, moderate upside participation, and minimum interest, with a short-to-medium investment horizon (typically one year or more) and a slightly upward trend in underlying securities.

Bonus Certificate

High bonus payout. Offers a minimum yield equal to the bonus amount if no Knock-in Event has occurred.

Unlimited upside participation. Provides participation in the upside if the price of the underlying securities exceeds the predetermined Bonus Level.

Knock-in feature. Acts as a safety buffer to protect the bonus amount. Investors will not receive a bonus if a knock-in event has occurred. However, investors can still receive returns provided the price of the underlying securities at maturity is above or equal to the predetermined Strike Price.

Potential physical settlement. May be redeemed in shares at maturity based on the predetermined Strike Price.

Suitable for qualified HNW Investors or Institutional Investors (II) seeking higher returns, unlimited upside, and a short-to-medium investment horizon (typically one year or more) with a neutral or upward market outlook.

Important Information

Key Risk Disclosure

Credit Risk. The issuer may fail to meet its payment obligations, leading to potential loss of some or all of the principal amount. Evaluate the issuer's creditworthiness before investing.

Liquidity Risk. Structured notes are not transferable, and there may be no secondary market for trading. Investors might face difficulties in liquidating their position, and the notes may be valued at a discount if sold before maturity.

Market Risk. Changes in interest rates, foreign exchange rates, laws, or market conditions can impact the performance of the underlying securities and the value of the structured note.

Reinvestment Risk. If redeemed before maturity, the investor may not be able to reinvest at a similar rate of return.

Please see other risks in the FAQs below.

Key Disclaimers

No Deposit Protection. Structured notes are not covered under the Deposit Protection Agency Act B.E. 2551 (2008).
Qualified Investors Only. These notes are available only to qualified High-Net-Worth Investors or Institutional Investors, per specific regulatory notifications.
High Risk. Investments in structured notes involve significant risk. Investors must assess all product features, market conditions, and personal financial situations before investing.
Variable Redemption Value. The redemption value can fluctuate based on market conditions and underlying securities' performance, potentially impacting the return received. Investors should consult with their investment advisors for detailed guidance.

Please see other disclaimers in the FAQs below.

Video

Single KIKO

Shark Fin Bull

Bull ELN

FAQs

Download documents

FAQs

What Is the Minimum Investment Amount for Structured Notes ?

The minimum investment amount for structured notes is 1,000,000 Thai Baht or its equivalent.

What Is the Typical Investment Period for Structured Notes ?

Structured notes typically have an investment period ranging from 1 month to 2 years.

What Are the Costs Involved in Investing in Structured Notes ?

There are no additional management fees, transaction fees, distribution fees, or redemption fees for structured notes.

How Do I Start Investing in Structured Notes?

To invest in structured notes, consult a Maybank investment consultant now to assess your risk profile and find the right option for your goals.

Risk Disclosures

Credit Risk. Risk that the issuer is unable to meet its payment obligations on the stipulated dates, where the investors may lose some, or all, of their principal amount. Therefore, it is crucial to consider the creditworthiness of the issuer before investing in structured notes.
Liquidity Risk. The structured notes are not transferrable and there is no guarantee of a secondary market for trading or selling the structured notes. Accordingly, the ability of the investors to liquidate the position depends upon the willingness and ability of the issuer to redeem the structured notes. Based on the market conditions, the valuation of the structured note may be quoted at a significant discount to its face value, resulting a loss to the investors. Generally, structured notes should be invested with the intention to be held to maturity.
Market Risk. Factors such as changes in interest rates, foreign exchange rates, tax regimes, laws, regulations and market sentiments could impact the price performance of the underlying securities and the structured note investment value.
Reinvestment Risk. Risk of not able to reinvest at similar rate of return if the structured notes are redeemed earlier than the scheduled maturity date.
Structured notes are not the same as direct investment in the underlying securities, investors are not entitled to any rights associated with the ownership on the underlying securities such as dividends and voting rights.

Disclaimers

Structured note investments are not protected under the Deposit Protection Agency Act B.E. 2551 (2008).
These structured notes are exclusively offered for sale to qualified High-Net-Worth Investors or Institutional Investors, in accordance with the Notification of the Capital Market Supervisory Board No. Tor. Jor. 16/2565 Re: Application for and Approval of the Offering for Sale of Newly Issued Debt Instruments to a Private Placement and Offering of Convertible Debentures to Specific Person, dated 23 September 2022 (as amended and supplemented) and the Notification of the Securities and Exchange Commission No. Kor. Jor. 39/2564 re: Determination of Definitions of Institutional Investor, Ultra-High-Net-Worth Investor and High-Net-Worth Investor, dated 24 December 2021 (as amended and supplemented).
Structured notes involve high-risk investments. Investors must thoroughly assess all information, including product features, prevailing market conditions and associated risks before making any investment decisions. It is crucial for investors to independently evaluate their financial situation, risk tolerance, investment objectives and other pertinent financial factors. Prior to investing, investors should carefully review all information provided in the prospectus, factsheet and any other materials, including details on risk factors, rights and terms.
Investors should understand that financial market conditions and fluctuations in the prices of underlying securities can affect the value of structured notes, potentially impacting the redemption amount or return received by the investors. The total redemption value of structured notes is uncertain due to fluctuations in the prices of the underlying securities or other relevant factors on the valuation date or any other relevant date as specified in the terms and conditions.
Investors assume the risk of potential losses upon redeeming structured notes, as the redemption value may fall below the total face value or the principal amount invested. Therefore, before investing in structured notes, investors must deeply comprehend and thoroughly consider the characteristics and associated risks of structured notes. For further questions, investors are encouraged to seek consultation from their Maybank investment consultants before investing.