Close to launch third product linked to soft commodities

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Close Investments is offering a soft commodities structured product investing in a portfolio of ass...

Close Investments is offering a soft commodities structured product investing in a portfolio of assets including sugar, corn and wheat. The Agricultural Commodities trust, which comes to the market on 5 November, aims to provide geared exposure to any increase in the value of the basket. This will be equally split between five soft commodities, wheat, red wheat, sugar, corn and soybean. Agricultural Commodities trust is headed up by the group's director for derivative and quantitative fund management Godwin Tsui. It offers investors 85% capital protection over a six-year term and ...

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