What is a retail investment product?

What is a retail investment product?

Abstract. Packaged retail investment products (PRIPs) are products that contain an element of packaging or wrapping to an underlying investment opportunity, including shares, bonds, and other assets.

What is a retail non deposit investment product?

Any product with an investment component that is not an insured deposit is subject to the Interagency Statement. Stocks, bonds, government and municipal securities, mutual funds, annuities (fixed and variable), life insurance policies (whole and variable), and savings bonds are nondeposit investment products.

What is an example of a Priip?

PRIIPs include: structured financial products, such as options, which are packaged in insurance policies, securities or banking products; financial products whose value is derived from reference values such as shares or exchange rates (derivatives);

What are the two main types of investment products?

There are three main types of investments:

  • Stocks.
  • Bonds.
  • Cash equivalent.

What is retail and non retail investor?

Non retail investors are High Networth Investors, Institutional Investors (FII, DII), while Retail Investors are small ones, people like us.

Who can recommend retail non deposit investment products?

both the institution and the third party. The banking agencies believe that recommending or selling nondeposit investment products to retail customers should occur in a manner that assures that the products are clearly differentiated from insured deposits.

What does Rndip stand for?

This booklet provides an overview of retail nondeposit investment products (RNDIP), explains the risks associated with banks’ RNDIP sales programs, and provides a framework for managing those risks.

Is a fund a Priip?

PRIIPs include investment funds, life insurance policies with an investment element, structured investment products, structured deposits and financial instruments issued by special purpose vehicles that meet the definition of PRIIPs.

Is a unit trust a Priip?

Retail products defined as a PRIIP qualified investor schemes (authorised unit trusts, authorised open-ended investment companies (ICVCs) and authorised contractual schemes)

What are the different types of investment products?

Types of Investments

  • Stocks.
  • Bonds.
  • Mutual Funds and ETFs.
  • Bank Products.
  • Options.
  • Annuities.
  • Retirement.
  • Saving for Education.