Robeco Alternative Investments has linked an eight-year Rabobank bond to the performance of Transtrend, a commodity trading advisor. Edwin Noomen, v.p. in Rotterdam, said "This offers investors the opportunity to invest in a CTA with a principal guarantee."
A majority of the bond, EUR350 million (USD434 million), was issued in euros, but it is also issued a USD50 million tranche.
Any yield will depend entirely on Transtrend's performance. Noomen said the projected return is 13.4%.
The broker on the futures program is Cargill Investor Services.