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What is a FRNID?

FRNID are deposit certificates that are linked to various investment themes. Investors have the preference of depositing their capital for a pre-agreed tenor.  

 

Referenced to different assets/reference underlying, FRNID provides potential returns while limiting risk of principal/capital. The potential returns will depend on performance of the reference underlying/asset classes.  The reference underlying/asset classes include:

-                      Interest Rate

-                      Foreign Exchange

-                      Commodities

-                      Mutual Funds / Exchange-Traded-Funds

-                      Credits

-                      Indices

-                      Equities

 

FRNID are principal guaranteed, meaning your initial investment are protected as long as you hold the product until its maturity. 

 

Note that fixed rate Negotiable Instruments of Deposit (NID) may also be made available.

Benefits & Privileges

Principal Guaranteed Investment Diversification Asset Class Accessibility Fully Customisable
Principal Guaranteed
Investment Diversification
Asset Class Accessibility
Fully Customisable

 

What are the key product risks?  

Credit Risk

  • This investment is principal if the investment is held to maturity. This investment is NOT insured/NOT protected by Perbadanan Insurans Deposit Malaysia. The payment of the Principal Amount or returns (coupons) of this Investment depends upon the ability of the Bank to make such payments.

 

Market Risk

  • The market value of the investment is affected by various factors which include but are not limited to the price of the underlying reference(s), tenor, interest/profit rates and volatility of the underlying reference(s).

 

Early Redemption Risk

  • If this investment is redeemed earlier than at maturity due to an early redemption, the investor may not necessarily receive the same redemption price as if it were to held to maturity, including the possibility of some degree of principal loss. 

 

 

 

 

How do I participate?

For further information, please contact your relationship manager or visit any of our CIMB branches.

Important Notes

This material has not been reviewed by the Securities Commission Malaysia (“SC”).

WARNING
THIS PRODUCT IS PRINCIPAL GUARANTEED BY THE ISSUING BANK UPON MATURITY ONLY. IF THE PRODUCT IS REDEEMED OR SOLD PRIOR TO MATURITY, THE CUSTOMER MAY LOSE PART OF THE INITIAL DEPOSIT AMOUNT. THE RETURNS ON THIS PRODUCT ARE UNCERTAIN AND THE CUSTOMER RISKS EARNING NO RETURNS AT ALL. THE CUSTOMER IS REMINDED THAT THIS PRODUCT IS NOT INSURED BY PERBADANAN INSURANS DEPOSIT MALAYSIA.

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