SG offers flight to safety with structured note
SG's new guaranteed note will invest in global bond funds to provide stable returns with up to two-times leverage.
Investors who worry that today's wobbly markets herald a downturn may be tempted to sell their investments and park the cash under their mattresses. This is an understandable reaction, but there are almost certainly better options.
Societe Generale certainly thinks so. It has put together a structured note that gives investors exposure to a basket of global bond funds that are decidedly unwobbly. The Flight-to-Safety Guaranteed Note, as its name suggests, promises to keep investors' capital safe, but it also...
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