One of Wall Street’s purportedly low risk, high yield strategies is backfiring on investors. Certain investment banks, including UBS and Credit Suisse, utilized an investment option called a yield enhancement strategy or “YES” strategy, which is extremely complex and should only be used – if at all – by large sophisticated investors like hedge funds, banks and endowments. Instead, the YES strategy was sold to high net worth clients as a fairly safe and conservative strategy to generate additional yield in a low yield environment.  With the highly volatile market in December 2018, many investors were forced to put up additional collateral and incurred substantial losses in a purportedly conservative and low risk strategy. For more details check out this article on Yield Enhancement Strategy Losses.