Product wrap: JP Morgan banking on appreciation BRL via US autocall

EUROPE KBC collected sales of €59.5m with MI+ Global 90 Short Term 6 in Belgium. The 3.7-years, Class 23 life insurance aims to generate a return linked to the performance of a basket of 30 global blue-chip companies, subject to a minimum return of 90% and a maximum return of 125%. To achieve its investment objectives, the fund invest in a bond specifically issued by Arcade Finance, a special purpose vehicle. A management fee of maximum 2.4% pa applies. In the event of accidental death, MI