Product wrap: managed funds in demand in Europe

EUROPE AG2R La Mondiale is distributing Horizon Durable Mai 2020 in France. The 4.6-year medium-term note, issued via Crédit Agricole CIB, is linked to ‘La Mondiale Partenaire’ euro fund gross return and to the MSCI Europe Select Green 50 5% Decrement index. The invested capital is distributed between a capital guaranteed wrapper (68,775%), replicating and reinvesting the yield of the fund, and a capital-at-risk wrapper (29,475%) which, at maturity, offers a return on capital