What are Excluded Investment Products (EIPs)? (SG)
Updated
Excluded Investment Products (EIPs) are investment products with features that are deemed to be understood by retail investors. Its classification is determined by the complexity of the investment product rather than its risk level. Due to its relative simplicity, there is no need for the retail investor to pass a Customer Knowledge Assessment (CKA) to be able to invest in EIPs.
In contrast, Specified Investment Products (SIPs) may be more complex products that have structures, features and risks that may be more complex in nature and may expose you to more risks that may affect your investment.