ABN Amro took a more unusual fund exposure approach, structuring a reverse convertible on T Rowe Price stock, which is a fund provider. Another six-month play with a 75% barrier, it pays a coupon of 13.5% annualised.
The rest of the exposure was focused on the S&P 500, which was the basis of two accelerated growth products and one principal protected note. The cautious note was offered by Goldman Sachs and lasts two-and-a-half years, protecting 80% of capital. Returns are capped at between 51-60