Investec Structured Products launches first UCITS fund

Objectives Returns, a structured investment proposition providing investors with pre-defined equity-linked returns and protection from counterparty risk, will be available in April in what will be the firm's first open-ended product launch. The FTSE 100 Enhanced Kick-Out Series 1, Objective Returns Plc's first sub-fund, will be available from mid to late April, with the initial FTSE 100 reference level being set in late May. Additional sub-funds will launch over the course of the year. It will be accessible through both wraps and platforms and the minimum investment will be £3,000. Re...