HVB launches express bonus structured fund

The first investment period of the fund lasts for 14 months, at which point the investor will receive between 8.5-9.5% if the Eurostoxx is at 90% of its level on the issue date. The exact level of return will be determined on the issue date, which is May 14 2008. Should the product kick out at this point, the return will be automatically rolled over into a new express bonus structure. If the index is at lower than 90%, then the term is extended by one year, with this process repeating on three

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