Bringing you live news and features since 2006 

Standard Bank launches structured product


Standard Bank Offshore Group is launching the latest in its series of structured products which are designed to return initial capital deposited along with fixed interest returns and participation in potential stock market growth.

Quantum Plus 3 is open for subscription until 17 August 2010, subject to availability, and is divided into a one year and five year fixed term Standard Bank deposit, available in Sterling, US dollar or Euro.

Minimum deposit amounts are GBP10,000, USD20,000 or EUR15,000.

The product divides a client’s money equally between two deposits, Quantum and Plus, and both are designed to return original capital deposited, along with the potential gains at their respective maturity dates.

The Quantum portion pays a rate of four per cent (AER) and is redeemed in full after the first year. The Plus portion is linked to potential stock market growth over the full five year term with a participation rate of 70 per cent.

Adam Hunt, head of high net worth clients, says: “Our structured products are designed for depositors who seek capital security and growth potential linked to the performance of a stock market index. Quantum Plus 3 has been introduced following the success of Quantum Plus II which was launched earlier this year. It offers returns linked to the performance of equity investments, but without the usual risk of volatile market movements and as with Quantum Plus II we expect to see high demand for this competitive offering.”

Latest News

Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..
First Trust has announced the launch of the First Trust Vest U.S. Equity Moderate Buffer UCITS ETF – February GFEB..
Trading activity on the Tradeweb Markets institutional European- and US-listed ETF platforms reveals that the Tradeweb European ETF marketplace reached..

Related Articles

Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Thomas Bonville, Clear Street
Just over a year ago, Thomas Bonville joined New York-based, prime brokerage Clear Street as managing director, head of derivative...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by