Duggan offers part deposit, part tracker to Irish retail market

Dublin-based Duggan offers split deposit bond

Ireland-based Duggan Asset Management is moving away from its highly affluent client network to make a retail offering, fulfilling demand in the Irish market for products that are part deposit, part tracker.

The Diversified Alpha Split Deposit Bond is a five-year, six-month investment, which puts 40% of the investment into a four-year bond, paying 5% per year. The rest tracks the new Société Générale SGI Diversified Alpha Index, which invests in a portfolio of equities, commodities, bonds

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