Merrill Lynch HSBC, the direct investing and banking joint venture, is to launch a no-load Isa and P...
Merrill Lynch HSBC, the direct investing and banking joint venture, is to launch a no-load Isa and Pep in the weeks running up to Christmas. The product, which is aimed at the direct market, will enable investors to buy UK and US listed securities using American Depository Receipts known as ADRs. Also available through the no-load Isa will be the recently launched Global Growth Protected Investment Product which will track a basket of indices: the FTSE 100, the S&P 500, the Dow Jones Eurostoxx 50 and the Nikkei 225. It offers capital protection over a three year period, if held to matur...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
