Wells Fargo offers seven-year note linked to funds basket

More term, more credit risk


Wells Fargo has launched a structured product in the US based on the performance of a basket of three underlyings: the iShares MSCI EAFE Index Fund, the iShares MSCI Emerging Markets Index Fund and the SPDR S&P 500 ETF, with weightings of 25%, 10% and 65%, respectively. The return of capital at maturity is not dependent on the performance of the basket and it will be returned in full to the investor at the end of the seven-year investment term even if the final level of the basket finishes below

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