Structured products is a class of investments involving the use of complex financial derivatives to deliver a steady annual return above traditional fixed deposits.
Different between Principal Guaranteed and Principal Protected
Principal Guaranteed means that even if a product fails, you will get back the full sum you invested.
Principal Protected means the bank or investment institution that is managing your money is taking steps to invest your money to ensure you will lose part or all of your principal sum.
Most structured products are merely principal protected.