Eric Penser offers partial protection on international equity index basket

Penser is partial to protection

Riddarholmen district in Stockholm - photo Ildiko Lukacs-imagebank.sweden.se

Swedish independent financial adviser (IFA) Eric Penser has created a partially protected growth product that delivers returns proportional to the increase in a basket of three international equity indexes. The product will pay returns of 1.9 times the growth in the basket, in addition to 90% of initial capital, with basket performance defined as the percentage difference between the initial and final index levels. If the basket rises by 20% over the term, for instance, investors will receive 12

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