Lux Boutique, Swedbank Launch ‘Airbag’ Fund

09 Mar 2010

Structured products boutique Luxembourg Financial Group and Swedbank recently launched a fund that uses short- and long-term options to capture growth from a range of underlyings while employing a mechanism to help mitigate losses in case the fund performs badly.

--Rob McGlinchey

Structured products boutique Luxembourg Financial Group and Swedbank recently launched a fund that uses short- and long-term options to capture growth from a range of underlyings while employing a mechanism to help mitigate losses in case the fund performs badly.

The so-called airbag function works by moving the ...

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