Barclays Wealth has unveiled a new version of its Emerging Markets Optimiser (EMO), a six-year investment offering exposure to 21 emerging markets.
The product is linked to the iShares MSCI Emerging Market index fund, tracking a range of emerging markets with heavy weighting to the BRIC countries. EMO pays out 70% of any positive performance of the underlying index.
The six-year Optimiser, in its 12th issue, is backed by Barclays and promises full return of capital at maturity, irrespective of the performance of the underlying index.
The product also employs a dynamic allocation strategy to minimize the impact of market fluctuations.
Barclays Wealth vice president Lisa Chaudhuri says the product helps to mitigate volatility by adjusting its exposure to emerging market equity on a daily basis.
Essentially, the level of exposure decreases as the index fund becomes more volatile, and increases when conditions are calmer.
The offer is open to investors until 15 November at a minimum investment of £5,100 and will mature on 29 November 2016.
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