The Dutch asset manager has collaborated with BNP Paribas for the launch of its first product since March in the Netherlands.
The five-year autocall, Double Dutch 24% , is linked to two Dutch tech companies (Adyen and ASM International), and can be redeemed early, annually, if both shares close at or above their initial level on the valuation date. In that case, the product returns 100% of the nominal invested, plus a coupon of 24% for each year elapsed. It is the first structured product marketed by the fund manager since the outbreak of the corona crisis earlier in March. “ There were too many uncertainties,
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