Goldman Sachs JBWere has launched a series of funds offering investors exposure to the indices of Asian, European, and emerging market economies.
Through the new structured product, called the Keystone Funds, investors will have a choice of three options that will allow them to tap into the potential growth of the Brazilian, Russian, Indian, and Chinese markets along with both those of greater Asia and Europe.
“Each Keystone Fund provides economic exposure to a different Underlying Index Basket, made up of one or more market indices such as the Nikkei in Japan and the Dow Jones in Europe,” Goldman Sachs JBWere executive director structured products Paul Banks said.
In addition to these investment options the Keystone Funds also offer a 100 per cent capital guarantee to customers provided by the National Australia Bank (NAB).
“The NAB Capital Guarantee ensures that as long as investors remain invested in the Keystone Funds until maturity, they will at least receive back their initial investment amount,” Goldman Sachs JBWere Asset Management executive director Matt Stovold said.
According to Paul Banks, the capital guarantee included as part of the new product differs from other offerings in the marketplace because participation rates offered at the initial investment date do not vary during the term of the investment.
Retail investors can gain access to the Keystone Funds through selected financial planners and may invest in any or all of the three funds on offer.
The opportunity to invest in the funds closes on June 22 of this year and the minimum investment for the initial fund is $10,000 with a $5,000 minimum for subsequent fund investments.
