Kempen targets S&P 500, offers alternative for cash

Kempen is distributing the Trigger Plus Note VS 20-23 in the Netherlands. The three-year autocall is issued on the paper of parent company Van Lanschot Kempen Wealth Management (VLKWM) and linked to the performance of the S&P 500. The product is Kempen’s first public offer that is solely linked to the US benchmark since June 2017, when it launched the capital-protected VL Index Guarantee Note USA 17-23 , which priced at 123.75% on 18 November. The idea behind this product is to offe