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Exane targets Irish investors with sixth tranche of fund-linked series

Marc Wolterink, 12 June 2018

Exane has partnered with BlackBee - an Irish investment firm specialised in structured products - for the launch of Protected Funds 15, a three-year medium-term note linked to an equally weighted basket comprising two managed funds: Pimco Global Investors Series Income Fund (EUR) Hedged Accumulation and Jupiter JGF Dynamic Bond. The securities, which are listed in Luxembourg, protect 90% of the nominal invested and participate 210% in the positive performance of the basket, subject to quarterly averaging during the last two years of investment.

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