European exchange Euronext has launched its first continuously quoted structured funds. The CAC40 index-linked funds are manufactured by SG Asset Management Alternative Investments, a subsidiary of Societe Generale group. The funds are listed in Paris on the new structured funds compartment of Euronext's NextTrack segment. The CAC40 is the main benchmark for Euronext Paris and contains 40 blue-chip stocks.
The new product is available in two versions: a CPPI option and a leverage option. The