Singapore’s UOB launches Champion Deposit

This offering follows UOB’s previous structured deposit, UOB Vic3 Deposit, launched in June this year. According to UOB, the UOB Champion Deposit is designed to potentially optimise asset allocation by providing depositors with returns based on the best performing investment style portfolio at maturity. In addition, depositors may be able to receive their principal earlier if the early redemption feature is triggered.

There are three investment style portfolios, each with a different asset

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