You Are In

  • Life Goals
  • Day To Day Banking
  • Digital Services
  • Promotions
  • Help & Support
  • Quicklinks

 

What is a GCI/Reverse GCI?

Gold Convertible / Reverse Gold Convertible Structured Product (GCI) is a structured product that links both cash and gold to present you with opportunities to gain potentially higher returns as compared to ordinary fixed deposits.

 

How to start investing?

 

Step 1:

Eligible investors will be required to choose both the Investment Denomination and Convertible Reference

 

Step 2:

Select preferred Investment Tenor (Choice of a minimum of 2 days to a maximum of 365 days) and Conversion Rate.

 

Step 3:

Decide Principal Amount. Minimum RM40,000 or its equivalent in USD or gold (in grams) as available in the Investor’s CIMB Bank GIA, rounded to the nearest 1 gram at a rate stipulated by the Bank

 

For Gold Convertible, Investment Denomination can be in the form of MYR or USD with the Convertible Reference as paper gold in CIMB Gold Investment Account. Upon maturity, the Bank has the right to repay the Principal Amount either in the Investment Denomination or paper gold in CIMB Gold Investment Account at the pre-agreed Conversion Rate between the Bank and you. You will also receive the Coupon Amount in the Investment Denomination (MYR or USD).

 

For Reverse Gold Convertible, Investment Denomination invested will be in the form of paper gold in your CIMB Gold Investment Account with the Convertible Reference in MYR or USD. Upon maturity, the Bank has the right to repay the Principal Amount either in paper gold in CIMB Gold Investment Account or in the Convertible Reference in MYR or USD at the pre-agreed Conversion Rate between the Bank and you. You will also receive the Coupon Amount in the Convertible Reference (MYR or USD). 

Benefits & Privileges

Higher Returns Customisable Smooth Customer Experience
Higher Returns
Customisable
Smooth Customer Experience

 

What are the key product risks? 

Credit Risk – This Investment is NOT protected by Perbadanan Insurans Deposit Malaysia (PIDM)

  • The risk of payment of the Principal Amount or GCI Coupon Amount of this Investment depends upon the ability of the Bank to make such payments. You are therefore taking the credit risk of the Bank as the counterparty to the Investment.

 

Non-Principal Guarantee/Protection and Early Redemption/Withdrawal Risk

  • You should note that GCI products are meant to be held until maturity. While you may request for an Early Redemption/Withdrawal, you may incur a loss on the principal upon redemption.

 

Market Risk

  • The returns on the Investment may be dependent upon the performance of the underlying reference(s). The performance may be susceptible to fluctuations due to economic factors, market sentiments and may vary depending on the outcome of one or more market factors.

 

How do I participate?

For further information, please contact your relationship manager or visit any of our CIMB Bank branches.

Eligibility

  • This product is only available to Sophisticated/High Net Worth Investors (HNWI)
  • For more information, please consult a Relationship Manager at your nearest branch to access the latest disclosure documents

Important Notes

This material has not been reviewed by the Securities Commission Malaysia (“SC”).

 

 

WARNING

THE RETURNS ON YOUR STRUCTURED PRODUCT INVESTMENT WILL BE AFFECTED BY THE PERFORMANCE OF THE UNDERLYING ASSET/ REFERENCE, AND THE RECOVERY OF YOUR PRINCIPAL INVESTMENT MAY BE JEOPARDISED IF YOU MAKE AN EARLY REDEMPTION. THIS STRUCTURED PRODUCT INVESTMENT IS NOT INSURED BY PERBADANAN INSURANS DEPOSIT MALAYSIA.