Investor Benefits
These securities can offer enhanced yield and current income at the cost of higher risk. They also carry downside protection, typically up to 10-30% on most Reverse Convertible offerings. The bid-ask spread is typically 1%.
Read more about this topic: Reverse Convertible Securities
Famous quotes containing the word benefits:
“It is with benefits as with injuries in this respect, that we do not so much weigh the accidental good or evil they do us, as that which they were designed to do us.—That is, we consider no part of them so much as their intention.”
—Laurence Sterne (1713–1768)