HVB taps proprietary strategy as underlying in Germany

Capital-protected eight-year note tracks multi-manager strategy with volatility control

unicredit
Unicredit offices

HypoVereinsbank has brought to market a product issued by Unicredit Bank AG and linked to a proprietary HypoVereinsbank strategy. As is common across Europe, the purchase price of the product is greater than 100%, being 103.5% in this instance. At maturity, for each unit of the product purchased, the investor will receive the principal investment plus additional returns equal to the positive growth of the strategy. The product has a lengthy eight-year maturity, which is fairly typical of prin