Investec Capital Markets extends the East Asian Basket Limited

The Structured Products team from Investec Capital Markets has extended the deadline for subscriptions to its latest distinctive equity linked investment which is designed to meet the needs of longer term investors seeking security given the current uncer

The East Asian Basket Ltd offers South African investors secure, defined and diversified exposure to the rapidly growing Asian markets with 100% principal protection. The principal protection is denominated in the Australian Dollar to provide currency diversification to the Rand and other major currencies. The Basket is listed on the Bermuda Stock Exchange and its ordinary shares redeemed at a target termination date between five to six years with the final termination date set on inception. With a minimum subscription of AUD 10,000, investors are guaranteed at least 120% participation in the full positive growth of a weighted basket of Asian equity indices.

“Through our structured product solutions we are able to offer South African investors exposure to international markets with full downside protection in volatile times. These raised as much as R1.1 billion in 2011 and with continued demand for such products, the extension is designed to give local investors considering the outlook for 2012 the opportunity to gain exposure to a unique and diversified investment in Eastern markets,” explains Japie Lubbe of Investec Capital Markets.