What type of structured product includes features such as capital protected trackers?

The category of structured products that includes capital protected trackers is characterized by their design to provide investors with a combination of market participation and capital protection. Capital protected trackers are investment products that allow investors to gain exposure to the performance of an underlying asset, such as an equity index, while ensuring that the initial capital invested is protected to a certain extent at maturity.

Exchange traded structured products are often designed to have these types of features. They are publicly traded and typically allow for more transparency and liquidity than some other investment types, which can be beneficial for investors. These products tend to be structured to give defined outcomes based on the performance of underlying indices or assets while providing downside protection against losses.

In contrast, options like real estate investment trusts and fixed income securities do not inherently include features like capital protection linked to market performance in the same way as structured products. High yield bond funds focus on income generation from bonds with lower credit ratings and do not possess the capital protection or index tracking features characteristic of capital protected trackers.