FVC review: Morgan Stanley launches leveraged crude note

Product offers capped growth in S&P GSCI crude index

Underlying index tracks price of crude oil futures contracts

Morgan Stanley's S&P GSCI Crude Oil Excess Return (ER) index product allows US investors to take a leveraged punt on the popular crude benchmark, while benefiting from limited capital protection. The product has a relatively short investment life of one year and one month. It offers a participation rate of 141% of the growth in the underlying, subject to a cap on returns of 20%.

The capital-at-risk product requires a growth in the underlying of 14.18% to achieve the full return of 20%. Any growt

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: