Product wrap: SG targets inflation, managed fund

EUROPE Société Générale Assurances marketed SG Europe Inflation in France. The 10-year product pays a coupon equal to the annual inflation figure ( Eurostat Eurozone HICP ex-Tobacco ) during the first two years of investment. The coupon is floored at 0%. The following years, the product is subject to annual early redemption if the average annual level of the Europe Horizon Fund – which aims to outperform the Stoxx Europe 600 NTR Index and is actively managed by SG 29 Haussmann – is at or above