Best Select is the latest investment product to be offered by GlobalCapital Financial Management.
This product, developed by Société Générale, a leading bank offering investment products, provides investors with a variety of attractive features foremost of which is a minimum guaranteed interest rate of seven per cent per annum for the first two years.
The product’s investment horizon is from three to six years and offers the possibility of further interest for this term. Best Select is part of the award winning Adequity Series of products issued by the Société Générale, equity derivatives team. Its mechanism takes advantage of recent corrections and volatility in the international stock markets by linking to a basket of well diversified blue chip companies, the aim being that of generating annual income equal to seven per cent or more depending on the performance of the equity basket.
In developing the product Société Générale performed in excess of 5000 simulations on the product and the basket of equities covering the last 20 years. These simulations indicate that taking into account all the possibilities, the minimum return was of 8.10 per cent per annum.
For investors wishing to choose the currency of their investment, both euro and US dollar denominations are available. Best Select is being offered for a limited period until 5 October or earlier if the product is oversubscribed.