US Wrap: Accelerated growth offers developed market access

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Citi and others offer US equity exposure

In the continuing battle between reverse convertibles and accelerated growth products for dominance of the issuance, the latter have taken the top spot, but only narrowly. Once again differing views are catered to, with exposure to the US or other developed markets offered.

The blue-chip Dow Jones Industrial Average underlies one accelerated growth product from Citi. The index is often used as a gauge for the US market but has not broken into the public offerings in the same way the S&P 500 has

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