The Oyster ForExtra Yield EUR, a new sub-fund, seeks to take advantage of the high interest rates paid by certain currencies.
The 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 identically.
Akimou Ossé from SYZ & Co
Each month the fund’s assets are invested via forward foreign-exchange contracts in the five currencies having...