HVB launches bonus fund ahead of German tax changes

The six-year fund pays a bonus of 40-45% of initial share value at maturity, with the exact level determined at strike. The fund is also linked to the performance of the DJ Eurostoxx 50, and will pay the performance of the index should it exceed the bonus coupon level. Capital is protected provided that the index has not fallen by more than 55%.

Under current tax conditions, gains from fund shares are tax exempt after a statutory holding period. The Abgeltungssteuer (tax law changes) will take ef

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: