Australia's Macquarie Bank has launched a capital-protected fund. The Macquarie Newton Multi-Strategy Fund - Capital Protected Series 2 gives exposure to the Macquarie Newton Multi-Strategy Fund, which accesses six absolute return and specialist equity funds. The product has a term of six-years and 11 months.
Capital protection will be provided by a put option, under which Macquarie can be required to buy all of the investor's Series 2 units on the capital protection date.
The minimum investme