The two five-year products offer a minimum investment of Nkr50,000. “Some of the previous criticism of structured products in Norway is that they are often considered complex and hard for clients to understand,” says Jeremy Brown, vice-president of investment products at DnB Nor in Oslo.
“We provide full disclosure of the costs associated and have ensured the products have simple pay-offs; there is no averaging,” says Brown.
Importantly the products will not be loan financed, which was part of the
The week on Risk.net, July 7-13, 2018Receive this by email