Swiss bank launches a UCITS high-yield currencies fund
Tue Oct 26, 2010
Swiss banking group SYZ & Co has launched high-yield currencies fund within the UCITS wrapper.
Oyster ForExtra Yield EUR, a new sub-fund, seeks to take
advantage of the high interest rates paid by certain
sub-fund is part of the bank’s
Luxembourg-domiciled Oyster SICAV.
The strategy was first tested for two years in a structured
product issued by JP Morgan Structured Products and managed
Akimou Ossé from SYZ & Co
Each month the fund’s assets are invested via
forward foreign-exchange contracts in the five currencies
ISSN: 2151-1845 / CDC10004H
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