4min chapter

Animal Spirits Podcast cover image

Talk Your Book: Upside and Downside Customization For Your Portfolio

Animal Spirits Podcast

CHAPTER

The Benefits of Structured Notes

Hale: Structured notes can be whatever you want them to be. They're just a wrapper, just like a mutual fund in an ETF and a structure,. It's just a wrapper. And so at the end of the day is that you can pair different types of structured notes with each other. We protect you if the S&P is down by more than 25%. Eight people are going to get your principal back? Most would say, well, golly, the S&p is down I got called 26."

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