"Capital Protected"

On 9th September 2009, Monetary Authority of Singapore(MAS) banned the use of the phrase "capital protected" for structured investment. It is a good move, and Malaysia should do the same because many investors are confused between "capital protected" and "capital guaranteed". In Capital protected, the investment is not necessary protected in the sense that investor may not get back 100% of their investment at maturity, whereas in "capital guaranteed", investors will at least get back 100% of initial investment at maturity.