- With guaranteed capital and additional returns linked to the Euro Stoxx 50 Price European equities index.
- This guaranteed fund, with a term of 6½ years, can be subscribed to until 23 October 2014.
MADRID, 3-10-2014 — /EuropaWire/ — Bankinter has launched a new investment fund: ‘Bankinter Europa 2021 Garantizado’, which rounds out the range of investment products from Bankinter Gestión de Activos (Bankinter Asset Management).
This Fund guarantees 100% of initial capital (the share value on 24 October 2014) over a six-and-a-half-year term, increasing, where applicable, by 50% of any average revaluation of the Euro Stoxx 50 Price Index during that period.
The minimum initial investment to the ‘Bankinter Europa 2021 Garantizado, FI’ Fund is €500. It is also subject to a management fee of 0.3% p.a. of assets until 24 October 2014 inclusive and 0.9% thereafter. The deposit commission is 0.10%.
This fund, which charges no subscription fees, can be subscribed to until 23 October (14 October for transfers), or until the committed amount is reached. The fund matures on 12 April 2021.
The ‘Bankinter Europa 2021 Garantizado, FI’ Fund is open to investors wishing to hold their investments over a medium-term horizon and who are interested in sharing in the possible returns of an index as solid as the Euro Stoxx 50 Price. The Fund also has cost-free monthly liquidity, since despite being a fund which is guaranteed at maturity, it will be possible to redeem early without paying any commission, and at market price on the 15th of every month from 15 November 2014 to 15 March 2021 inclusive.