Deutsche Bank excludes credit from new fund-linked note

The underlying is the Franklin Templeton Global Bond Alpha Fund, which is a portfolio that invests in the global sovereign and agency bond and currency markets. It excludes credit exposure that can harm stability.

“Even in volatile circumstances, given the way that we provide protection we can offer a very stable allocation in the underlying funds,” says Pieter Dalderop, director in the funds derivatives group. Investors have been attracted to previous versions of this product by the combinat

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