CBA offers exposure to Australian equities

Commonwealth Bank of Australia (CBA) has launched its Capital Series Australia II product, which is designed to provide exposure to listed Australian shares.

The trade is offered in two versions. Firstly a 100% principal protected five-year and six-month version linked to the S&P/ASX 200 index which offers up to an 80% return. The second version differs only in that it has an 80% capital protection level with unlimited potential for capital growth. Both trades offer a 100% participation rate.

The minimum investment is A$10,000, while at maturity the final value of the investment can be received in either the physical delivery of a parcel of the SPDR S

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