[1] Structured notes are financial instruments whose value is linked to that of an underlying asset or index. Its structure is often tailored to meet an investors’ unique requirements, such as boosting returns or reducing downside losses.[2] Singapore family offices exceed 2,000 in 2024, up 43% on year (The Business Times)[3] USD 100,000 (SGD 128,500), USD 1,000 (SGD 1,285), USD 1 billion (SGD 1.29 billion). Exchange rate as of 20 August 2025