IIB offers new hedge-fund bond

IIB Bank has launched a new bond that allows people to invest as little as E10,000 in a portfolio of hedge funds. These funds are usually only available for much higher investment sums.

The portfolio for the Growth Advantage Bond IV consists of 82 hedge funds and 13 hedge fund styles.

IIB’s bond gives investors 100 per cent capital security over a term of six years. The growth is uncapped.

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