Product round-up
Morgan Stanley has issued a two-year product in the US that tracks the Wisdom Tree India Earnings Fund, an exchange-trade fund (ETF) based on Indian equities. The product offers 200% participation in the ETF, capped at 37-43%. There is no downside protection, in line with recent trends in accelerated growth products in the US.
UBS has expanded its suite of master limited partnerships (MLP) exchange-traded notes (ETNs) to offer short exposure the Alerian MLP Infrastructure Total Return Index. The
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