Funds of structured products: good times ahead

In part one of a two-part article, we review funds from the Netherlands, UK and Ireland. Ballybunion Insignia Defined Returns Fund This fund is regulated by the Central Bank of Ireland and primarily invests in euro-denominated autocalls. The Defined Returns Fund delivered a return of 5.5% for June. Year-to-date, it is up almost 22%. The mix of stocks underlying the notes in the fund is high quality and the defensive structure of the notes allows us to have a lot of confidence around future