Deutsche launches metals fund

Deutsche Bank last month launched a metals-linked investment fund aimed at retail customers in Hong Kong.

The Metal Drive Guaranteed Fund has a tenor of just under four years and is designed to offer customers exposure to aluminium, copper, gold and zinc prices. It provides a fixed payout of 5% after six months, and a 100% capital guarantee at maturity.

“The rising metal demand in Asia – especially China – and the low inventory level, may provide a favourable outlook for metal prices

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