Security in Hindsight
ABN AMRO has launched a new 100 per cent capital guaranteed structured product, Hindsight Securities, which is expected to provide investors with an opportunity for growth through global equities exposure.
The product has an asset allocation feature, where performance is reviewed across the sectors at the end of a five-year term.
The portfolio is allocated so that half is applied to the best performing sector, and 10 per cent to the sector contributing the least performance over the term.
Commenting on the launch yesterday, ABN AMRO head of retail structured products Paul Cordeiro said investors would be able to access emerging markets performance without some of the usual allocation risks.
“Hindsight Securities offers a highly diversified portfolio with transparent index exposures, which is important in the current market environment,” Cordeiro said.
The Hindsight product is expected to close applications on December 17, 2007, and has a $5,000 investment minimum.
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