Close Agricultural trust to offer geared upside basket of five soft commodities

Close Investments is offering a soft commodities structured product. The Agricultural Commodities t...

Close Investments is offering a soft commodities structured product. 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 split between five soft commodities, including wheat, red wheat, sugar, corn and soy beans. Agricultural Commodities is headed 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 up to 125% growth. According to the group, demand for wheat is expected to ou...