dws Structured Investment Solutions  
MARKET-LINKED INVESTMENTS PERSPECTIVES

 

         LATEST NEWS

          February 8, 2012
          February offerings are now available.

         
So, what’s all the fuss about Structured Products?
Chris Warren, Managing Director, Head of Product Asia Pacific ex-Japan

For a relatively small segment of the investment universe, much has been written lately about structured products, also known as Market-linked Investments. Unfortunately, we believe much of it has been at best misleading and more frequently just plain wrong. On a monthly basis, we will attempt to shed some light on Market-linked Investments in a balanced and straightforward manner.

Recently, much attention has been focused upon the credit risk associated with Market-linked Investments and rightly so given market events and the overall economic situation. However, we believe most of this attention, while no doubt well intended, has been misguided. One commentator breathlessly railed about how Market-linked Investments are nothing more than an unsecured loan to the issuer!  Another noted that Market-linked Investments have default risk!

While both of these observations are true, they largely miss the point:
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CURRENT OFFERINGS

FEE-BASED ACCOUNTS

BMO Harris Bank N.A. - 4 Year Domestic Large Cap Market-linked CD with a Variable Coupon

BMO Harris Bank N.A. - 1 Year Autocallable Security linked to iShares® Russell 2000 Index Fund

BMO Harris Bank N.A. - 1 Year Buffered Security linked to iShares® Russell 2000 Index Fund



BROKERAGE ACCOUNTS

BMO Harris Bank N.A. - 7 Year Domestic Large Cap Market-linked CD with a Variable Coupon

QUICK LINKS

Understanding Market-Linked Investments Presentation

Market-Linked CD Q&A Brochure

Market-Linked Notes Q&A Brochure


 
Risk Considerations
Before purchasing Market-Linked Notes, Securities or CDs (collectively referred to as "Market-Linked Investments"), investors should carefully consider the risks associated with an investment in the Market-Linked Investments and whether the Market-Linked Investment is a suitable investment for them. For Market-Linked Investments that offer full or limited return of principal, any return of principal is only if the Market-Linked Investment is held to maturity. On certain Market-Linked Investments with coupon payment features, investors may not receive coupon payments, and each coupon payment may be limited to any coupon cap stated on the relevant prospectus or disclosure statement. On certain Market-Linked Investments with basket components, changes in the closing prices of the basket components may offset each other. Economic and market factors may influence the value of the Market-Linked Investments. Market-Linked Investments are subject to liquidity risk, as a secondary market may not be available. Before investing, prospective investors should read the prospectus or disclosure statement, as applicable, relating to the particular Market-Linked Investment. In addition, investors are encouraged to consult with their investment, legal, accounting, tax and other advisors in connection with any investment in a Market-Linked Investment.

Disclaimer Pertaining to Wells Fargo Bank, N.A. issued Certificates of Deposit (CDs)

You may revoke your offer to purchase the CDs at any time prior to the time at which we accept such offer by notifying the applicable broker. We reserve the right to change the terms of, or reject any offer to purchase, the CDs prior to their issuance. We will notify you in the event of any changes to the terms of the CDs, and you will be asked to accept such changes in connection with your purchase of any CDs. You may also choose to reject such changes, in which case we may reject your offer to purchase the CDs.

Wells Fargo Bank N.A. and its affiliates are neither sponsored by nor affiliated with DWS Investments, Deutsche Investment Management Americas, Inc., or any of their respective affiliates.

This material is not intended as an offer or solicitation for the purchase or sale of any Wells Fargo Bank N.A. financial instrument.

The CDs, financial instruments or strategies mentioned herein may not be suitable for all investors. This material does not take into account your particular investment objectives, financial situations or needs and is not intended as a recommendation of particular final instruments or strategies to you. Before acting on any investment recommendations, you should consider whether it is suitable for your particular circumstances and speak with your financial advisor.

Disclaimer Pertaining to BMO Harris Bank N.A. issued Certificates of Deposit (CDs)
BMO Harris Bank N.A. and its affiliates are neither sponsored by nor affiliated with DWS Investments Distributors, Inc., Deutsche Investment Management Americas, Inc. or any of their affiliates.

Disclaimer Pertaining to Citibank, N.A. issued Certificates of Deposit (CDs)
Citibank, N.A. and its affiliates are not affiliated with DWS Investments Distributors, Inc., Deutsche Investment Management Americas, Inc. nor any of their affiliates. CDs issued by Citibank, N.A. are not sponsored or endorsed by DWS Investments Distributors, Inc., Deutsche Investment Management Americas, Inc. nor any of their affiliates.

Disclaimer Pertaining to Bank of Montreal issued Notes and Securities
Bank of Montreal and its affiliates are neither sponsored by nor affiliated with DWS Investments Distributors, Inc., Deutsche Investment Management Americas, Inc. or any of their affiliates.

Disclaimer Pertaining to Citigroup Funding Inc. issued Notes and Securities
Citigroup Funding Inc. and its affiliates are not affiliated with DWS Investments Distributors, Inc., Deutsche Investment Management Americas, Inc. nor any of their affiliates. Notes and Securities issued by Citigroup Funding Inc. are not sponsored or endorsed by DWS Investments Distributors, Inc., Deutsche Investment Management Americas, Inc. nor any of their affiliates.

This site is intended for US investors only.

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DWS Investments is part of Deutsche Bank's Asset Management division and, within the US, represents the retail asset management activities of Deutsche Bank AG, Deutsche Bank Trust Company Americas, Deutsche Investment Management Americas Inc. and DWS Trust Company.

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R-23175-2 (02/12)