Deutsche Bank has issued Combinado Inversión db, its first 50/50 structured deposit for the Spanish retail market.
"This is an interesting and innovative product," said director Luis Martín Jadraque. The capital-guaranteed investment offers 5% AER after three months, or 3% after six months, on 50% of the original investment. The remaining 50% is placed in a growth account with a choice of exposure to an insurance product, Seguro DB 4, or two structured notes, Nota Recuperación EuroStoxx50 II and Nota DB Berkshire Hathaway.
This product will be available until 31 August. Minimum investment is €1,000.
This product will be available shortly in Recent Additions (Spain).