Lehman Brothers offers Bric structured product

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Lehman Brothers has launched an emerging markets structured product, giving exposure to the growth po...

Lehman Brothers has launched an emerging markets structured product, giving exposure to the growth potential of the Bric economies. The Enhanced Emerging Markets Plan has two options for capital protection. Investors can choose to receive 110% of the rise in the S&P BRIC 40 index after three and a half years, up to a maximum of 32%. Or they can receive 130% of the growth of the index after five years, up to a maximum of 60%. Both plans give full capital protection if held to maturity. The S&P BRIC 40 is a basket of 40 securities representing the largest and most liquid companies in Brazi...

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