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Examples, Types, or Variations. A structured product is generally a pre-packaged investment strategy which is based on derivatives (ie. options and to a lesser extent, swaps) but which features protection of principal if held to maturity.
About Principal Protected Notes. Structured Products. Structured products - of which PPNs are a subset - are synthetic investments, that is, investments which combine derivatives and other financial instruments with the objective of achieving superior risk/return profiles, or cost savings for investors.