Product snapshot: Nagelmackers goes with Credit Suisse for rare fund-linked note in Belgium

Nagelmackers is marketing the Multifund Balanced Performance Coupon Note 2026 in Belgium. The seven-year, capital-protected medium-term note, which is issued via Credit Suisse, participates 100% in the upside performance of the Nagelmackers Multifund Balanced investement fund. In the current climate, with options on funds far more expensive than those on equities, it is unusual to see fund-linked products sold in the Belgian market, however, the bank managed to do so purely because the product