Sequoia moves to give investors ‘benefit of hindsight’
Sequoia Asset Management has launched a new fixed-term investment for retail investors.
Launching the product this week, the firm said it was aimed at giving investors the "benefit of hindsight" by locking in the highest returns during the investment period, regardless of any falls thereafter.
It said the product, Sequoia Hindsight Units, was based on the S&P/ASX 200 and was "ideal for investors with a bullish view of the Australian share market over the medium term".
It said the investment came in geared and un-geared versions and was capital protected at maturity, with both the geared and ungeared versions suitable for SMSF investors.
Sequoia's head of structured products, Marcel Collignon, claimed the appetite for products such as that launched by his company had been growing among retail investors.
"Capital protected products have always been popular and that continues to be the case, with investors wanting exposure to the potential gains that shares offer, but without the some of the risks of direct share investment," he said.
"With this product, we've gone one step further than a simple capital protected product. The investment automatically locks in positive gains every time it forms a new high, which is of course what we'd all ideally do as investors, but timing the market is difficult, time consuming and risky as everyone knows," Collignon said.
Recommended for you
Insignia Financial has issued a statement to the ASX regarding a potential bid from a third global private equity business to acquire the firm.
More than 30 advisers fell off the FAR during the Christmas and New Year period, according to Wealth Data, with half of these coming from licensee giant Entireti.
With next-generation heirs unlikely to retain their family’s financial advisers after receiving an inheritance, Capgemini has explored how firms can work with younger generations to maintain a relationship.
The use of technology and data analytics will be a way for advice firms to grow in 2025, according to Adviser Ratings, with those who are using it successfully reporting 10 per cent higher profit margins.
