Key features:
Trackers:
- Tracks an underlying asset (commodity, Halifax house price index, equity indices etc)
- Cost efficient means to trade an asset
- Diversify exposure across an index
- Stamp duty free
- Typically long-dated or indeed undated with an indefinite lifespan
Reverse Trackers:
- An inverse relationship with the underlying asset
- Profit from downwards price movements in the underlying
- Stamp duty free
Capital Protected:
- Exposure to underlying asset at fixed percentage
- Capital invested is protected at specified level
- Stamp duty free
Yield Enhancement:
- Track underlying instrument without leveraged downside
- Can incorporate many different features which affect payout (e.g. bonus if underlying remains with a specific range).
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