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Credit Suisse launches Performance Plus series

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By Reporter
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2 minute read

Credit Suisse has developed a new capital-protected investment product that gives investors exposure to Australian and Chinese stocks, called the Credit Suisse Performance Plus Series.

The product seeks to reduce potential market volatility, while still giving exposure to equities.

"This is the perfect time for investors to look at this type of low-volatility product," Credit Suisse head of structured retail product sales for Australia and New Zealand Sam Watkins said.

"Following a sharp correction in 2008, the share market is showing signs of recovery.

"Performance Plus is offering potential accelerated exposure to growth combined with the peace of mind of capital-protected investment exposure."

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Customers have three options under the product: option A invests in 10 Australian equities selected by the company on the basis of its equities research, option B invests in nine Australian resource securities combined with a 30 per cent weighting of the Hang Seng China Enterprise Index, and option C gives exposure to the S&P/ASX 200 Index.

The minimum investment amount is $20,000, and the offer will close to investors on 12 November.