“Today, Momentum Securities is proud to announce the launch of their enhanced ESG Structured Note, providing local rand-based investors the opportunity to participate in the Solactive Sustainable Development goals Equity index. It provides 100% rand capital guarantee, irrespective of whether the currency appreciates or depreciates within the next 5 years.
Momentum Securities believe that over a five-year term, the ESG theme offers attractive potential returns. For investors not comfortable taking offshore equity risk, the index offers a risk control mechanism that limits the volatility of that equity index, which also provides an opportunity to provide enhanced participation. This means that whatever the index does over the next 5 years, in Euros, the investment provides six times that return in Rands with a 100% capital guarantee.
Investors are able to invest through the Momentum Wealth Flexible Endowment Option, or alternatively directly with Momentum Securities into their stockbroking account.
*ESG refers to the investment theme based on Environmental, Social, and Corporate Governance factors.”
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