HVB launches structured fund with express bonus


HVB has launched a new structured fund with an express bonus feature. The open fund features a kick-out linked to the DJ Eurostoxx 50 index with an investment rollover.

The first period lasts for 14 months, after which the investor will receive between 8.5-9.5% if the Eurostoxx is at 90% of its level on the May 14, 2008 issue date. Should the product kick out, the return will be rolled into a new structure. If the index is lower than 90%, the term is extended by a year, a process that can be repe

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