Wells Fargo (NYSE:WFC)
Usually an underlying for reverse convertible structures, the Market Vectors Gold Miners exchange-traded fund has now had an accelerated growth product linked to it by Wells Fargo (NYSE:WFC), the first time that's happened in 2010.
How the investment is structured is it incorporates accelerated downside losses of 111.11% if it breaks through a buffer of 10 percent. Partication on the upside is 150percent with a barrier of 40 percent returns erected over the maturity of two years employed by the ETF.
Wells Fargo and Market Vectors Gold Miners ETF
Showing posts with label Market Vectors Gold Miners ETF. Show all posts
Showing posts with label Market Vectors Gold Miners ETF. Show all posts
Friday, February 5, 2010
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