VFM = Value For Money

Value for Money (VFM) in Structured Products means assessing whether a product offers a fair balance between cost, risk, and return. Investors should compare structured products with alternative investments (e.g., ETFs or bonds) to ensure they are not overpaying for complexity. High fees and illiquidity can reduce VFM, especially when simpler strategies can achieve similar outcomes. Ultimately, a good VFM structured product should align with an investor’s risk tolerance, goals, and market conditions.