ABN AMRO unveils new HK fund

Hong Kong Equity Guaranteed Fund to reflect territory''s upside potential.

ABN AMRO Asset Management has launched a Hong Kong Equity Guaranteed Fund tailored to a recovery environment and investors focused on a medium-to-long term outlook. The new fund is linked to a basket of 10 blue chip on the Hang Seng Index and the Hang Seng China Enterprises Index.

The fund launched yesterday February 1 and will be open until March 31. It has a 100% capital guarantee, a 5% first-year guaranteed return and a potential additional bonus of up to 55% upon maturity.

To ensure the 5% guaranteed return and the 100% capital guarantee on the promised dates, the fund will invest the bulk of its...

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