KBC Asset Management has launched two new capital-guaranteed funds, called Power Jump funds, one in US dollars the other in Australian dollars. They are linked to the stock performance of a basket of 20 internationally recognized companies in high-growth sectors ranging from consumer goods to technology, each with market capitalization of at least $20 billion.
For example, some of the big names in the basket include Coca Cola, Johnson Johnson and Intel Corp, as well as Samsung Electronics, Canon Inc, and PetroChina. The performance of the basket of shares of the two funds will be calculated based on a power jump mechanism.
Here's how it...
