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SG CIB offers protected energy fund for UK

Société Générale Corporate & Investment Banking (SGCIB) has launched the New Energy Protected Fund, the second UK OEIC (Open Ended Investment Company) of the Adequity range designed for UK wealth managers. The 100% capital protected six-year product is linked to the performance of the World Alternative Energy (WAEX) Index.

The fund provides exposure to the WAEX which comprises the largest companies operating in the fields of renewable energy, energy efficiency and decentralised energy supply.

In addition to uncapped participation in the performance of the WAEX Index at maturity, the New Energy Protected Fund offers investors the flexibility of exiting at NAV on a daily basis, liquidity with no exit fees and there is

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