Investec unleashes bull/bear product for retail

The deposits are available in two versions, allowing investors to take a view on the index. The Bear Deposit delivers 8% provided the index remains within 3500-5500; 6% if the index remains in the 3250-5500 bracket; or 4% if the index stays within 3000-5500. The product pays the better of the returns at maturity, although if the index falls outside of the widest range at any point during the investment term, no interest is paid and capital is returned. The Bull Deposit returns the same annual

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