Barclays unveils structured product linked to ETF

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...