HSBC Bank Malaysia is offering exposure to two commodity exchange-traded funds via its latest structured investment.
Principal Protected Best of Commodity Basket Structured Investment is a four-year, capital-protected equity-linked product offering 32% participation (indicative) in the performance of the Oil Service Holdrs Trust and the Energy Select Sector Spdr Fund. The basket return is calculated as the average of the ten best quarterly basket observations.
The minimum investment is MYR250,000 ($74,000) and the closing date is 26 January 2010.
This product is available now in Recent Additions (Malaysia).