Dawnay Day doubles upside exposure

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DAWNAY Day Quantum has almost doubled the upside exposure it promised to investors after a surge in demand for two of its products.

The structured product provider’s recent Protected Commodities Series, made up of the Accelerator VII and Turbo VI vehicles, initially offered upside participation of 165pc and 190pc respectively in portfolio of commodities. However, the company has revealed it will actually deliver 262pc and 278.4pc via the products, which both give investors exposure to an equally weighted basket of eight commodities. They are Brent crude oil, West Texas Intermediate crude oil, natural gas, aluminium, lead, copper, nickel and zinc. Mark Mathias, chief executive of DDQ, said the company aimed to d...

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