Man Investments to issue index bonds in Poland
The bonds will be available in EUR and USD. "The offer will be worth at least 300 million in each currency, but its final value is not known yet," stated Mark Chambers, the Man Investments director for sales in Europe. The minimum subscription amount is USD 10,000 or EUR 10,000. The product not only generates profits but also offers capital guarantee. "We estimate that the return on investment will amount to at least 11%. In addition we offer a capital guarantee," declared Sebastian Schafer, the director for relations with Europe and Africa. The company is not a hedging fund. "Man Investments is a fund of funds. We look for the best hedging funds for our customers and invest their capital in them," stated Mark Chambers. (Puls Biznesu, p. 13) E.B.