ABN AMRO unveils new HK fund
Hong Kong Equity Guaranteed Fund to reflect territory''s upside potential.
ABN AMRO Asset Management has launched a Hong Kong Equity Guaranteed Fund tailored to a recovery environment and investors focused on a medium-to-long term outlook. The new fund is linked to a basket of 10 blue chip on the Hang Seng Index and the Hang Seng China Enterprises Index.
The fund launched yesterday (February 1) and will be open until March 31. It has a 100% capital guarantee, a 5% first-year guaranteed return and a potential additional bonus of up to 55% upon maturity.
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