US Wrap: Barclays offers note for real estate bulls

Barclays has launched an accelerated growth product linked to the iShares MSCI Real Estate Index Fund. Upside participation is 300%, up to a cap of 17.6–21.5% at the product's 18-month maturity, with the exact level to be set at pricing.

Similar terms were available on the iShares MSCI Emerging Markets Index Fund, although with potentially a slightly lower cap on returns of 14.2–17.6%. Capital is protected by a 10% downside buffer in both notes.

The notes were released amid a handful of reverse