BIG’s choice of the FTSEurofirst 80 index confirms the growing success of the FTSEurofirst pan-European indices for financial products throughout Europe. These indices provide broader, more accurate market coverage for trading European equities.
Alto Rendimento Dual is a guaranteed principal product allocated over three years to a fund tracking the FTSEurofirst 80.
Luís Brito Ferreira, Structured Products Area Manager at Banco de Investimento Global comments: “This product allows individuals to invest in the European stock market with principal fully guaranteed and is based for what we consider the best index for the euro zone market, offering significant added value for our customers. BIG has thus broken new ground to open access to the best opportunities on international capital markets, since products based on the FTSEurofirst 80 are hitherto not available to Portuguese Investors.”
Xavier Leroy, FTSEurofirst Director at Euronext and Imogen Dillon Hatcher, Managing Director, FTSE Group added: “We are delighted with this latest success for the FTSEurofirst 80 index. BIG is the first financial institution to adopt the FTSEurofirst index series in Portugal and the 9th in Europe, bringing the total number of retail structured products based on the FTSEurofirst index series to 24 in the past year. We are confident that more financial institutions will choose FTSEurofirst indices in the near future – which will continue the favourable momentum for derivative trading based on these indices.”