Dutch open-ended investment fund which invests in structured products has bought its first certificate linked to the Nasdaq 100 index on October 26.
Bufferfund, which aims to outperform its benchmark, in the long-term, by investing in capped bonus- and discount certificates listed in Germany, while at the same time achieving a lower volatility than the index, had up until now always focused on certificates tied to the Eurostoxx 50, according to Marcel Tak (pictured) , statutory director and fund manager, Bufferfund. “However, because of the sharp increase in the volatility of the Nasdaq 100, and with that the implied volatility in the
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