US Wrap: Deutsche offers emerging markets funds play

ABN Amro put 14 reverse convertible notes into the market, offering exposure to a variety of US equity. Alongside the usual suspects, such as financials and construction stocks, the consumer theme was also in evidence with a Nike stock-linked note. Transportation was on offer via a note linked to the share price performance of CSX which focuses on the railroad and shipping business. It pays a 13% annualised coupon over a quarter, with a 70% stock conversion barrier.


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