HSBC in Greece has launched a new structured deposit providing exposure to four 'emerging market' currencies and the price of gold.
Capital Guaranteed Deposit Gold & Currencies is a three-year product linked to a share basket comprising gold, the Brazilian real, the Korean won, the Polish zloty and the Turkish lira. At maturity, the product returns capital plus 75% of any positive performance in the equally-weighted basket average.
HSBC said market trends are leading customers to traditional investments, such as gold and emerging markets, which are demonstrating stable rates of growth: "As a result, the economic interest around these markets has increased," it said.
Capital Guaranteed Deposit Gold & Currencies will be available until 30 June. Dollar- and euro-denominated versions have minimum investments of $3,000 and €3,000, respectively.