This 6 year fixed term investment offers 90% capital protection and 150% participation on an index of four Multi-Strategy Funds which use an unconstrained and flexible approach to pursue positive returns in all market conditions. Additionally, the strike price of the note will 90% of the index of the funds – the BNP Parabis MS – Multi Strategies Fund Stars Index (USD).
The index is composed of the following funds:
- Pioneer Funds – Absolute Return Multi-Strategy
- Invesco Global Targeted Returns Fund
- DWS Concept Kaldemorgen
- Aviva Investors Sicav – Multi-Strategy Target Return Fund
The final price of the product is constructed by taking the monthly averaged price of the index in the last year of the note.
The note is issued by an A+ rated bank.