Saxon Financial launches fund-linked PPN in Canada

The investment term of the notes is 5.5 years and the capital is 100% protected. “The product is tailor-made for those heading for retirement, wanting a balance between wealth preservation and growth potential,” says Allan Smith, chief executive of Saxon Financial in Toronto.

The note is the second product that Saxon Financial has launched this year for the adviser channel. In June, Saxon Financial launched F-class shares for the adviser segment, in addition to a website for advisers.

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