UBS launched its first commodities-linked guaranteed fund product in Hong Kong last month. Commodity 3-year Guaranteed Fund is the first in its SUPER Funds series. The three-year product is linked to Dow Jones-AIG Commoditry Index SM and offers 100% capital return at maturity.
In addition to the guaranteed coupon of 2% in six months, investors receive a quarterly rise in the index over the investment term. The participation rate of the product is expected to be between 30% and 60%. However, i