Investec Structured Products launches first UCITS fund

Investec Structured Products is set to launch its first UCITS fund, which will be available via wraps and platforms later this month.

Objective Returns, a structured investment proposition providing investors with pre-defined equity-linked returns and protection from counterparty risk, will be available in April and is the firm's first open-ended product launch. The FTSE 100 Enhanced Kick-Out Series 1, Objective Returns Plc's first sub-fund, will be available from mid to late April, with the initial FTSE 100 reference level being set in late May. Additional sub-funds will launch over the course of the year. It will be accessible through both wraps and platforms and the minimum investment will be £3,000. Returns will...