About specified investment products


What are Specified Investment Products

What are Specified Investment Product?

In this post on 'What are Specified Investment Products?', we shall look at what are specified investment products in Singapore.

With effect from 1 January 2012, the Monetary Authority of Singapore (MAS) (Singapore) has mandated that financial institutions like banks, broking firms and financial advisers to assess if a retail investor has the relevant knowledge or experience to understand the structures, features, and risks of a Specified Investment Product (SIP) before letting them purchase specified investment products.

So what are specified investment products that Singaporeans or those who reside in Singapore must deal with as part of their investment portfolio know-how?

Look at the details below to answer this question on what are specified investment products that were created in Singapore.

What are specified investment products? Details:

Specified Investment Products (SIPs) are financial products that may not be as widely understood by retail investors as others as their structures, features and risks may be more complex in nature.

There are two categories of specified investment products (SIPs) :

I. Listed specified investment products SIPs

Examples of specified investment products SIPs include the following :


Exchange Traded Funds (ETFs)

Exchange Traded Notes (ETNs)

Futures (Extended Settlement Contracts)

Structured Warrants

Callable Bull / Bear Contracts (CBBCs)

Investment Products such as equities and stocks that are listed on an overseas exchange are also considered Listed SIPs.

II. Unlisted specified investment products SIPs

Examples of Unlisted SIPs include the following:

Over-the-counter products

Leveraged Foreign Exchange