NDF has launched a structured product based on the Dow Jones Euro Stoxx 50 index. It is targeting in...
NDF has launched a structured product based on the Dow Jones Euro Stoxx 50 index. It is targeting investors with funds lying dormant in low-rate savings accounts or underperforming Peps. Option one of the plan pays 10% annual income for three years, 0.78% monthly income for three years or up to 33% growth at maturity. The investment is linked to the Euro Stoxx 50 and investors are assured of full capital repayment unless the index falls by more than 20%. As additional protection during the current period of market volatility, any breach of the 20% barrier during the first year of the plan...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes