Commodity vehicle launch from Bespoke

Bespoke Financial Consulting is to launch a commodity-based structured product in November. Called ...

Bespoke Financial Consulting is to launch a commodity-based structured product in November. Called the Protected Dow Jones AIG Commodities Index Fund, the six-year open-ended vehicle tracks performance of this commodities benchmark, returning initial capital in full plus around 120% of the index growth over the term. The capital protection is set at the launch price, with £1 protection for each £1 share purchased. The vehicle, aimed initially at institutions, has a minimum investment of £25,000 and all foreign currency exposure is hedged back into sterling. The group will launch a re...