Gibraltar Consulting Group today announced the launch of the CIBC International Yield Deposit Note Series 3 and CIBC International Deposit Note Series 4 (Return on Capital).
These notes complement Series 1 and 2, which recently closed with sales in excess of $45 million.
The two notes are linked to a portfolio comprised of three international funds managed by ABN AMRO Asset Management, a subsidiary of ABN AMRO Bank N.V., one of the 20 largest financial institutions in the world.
The three international funds are ABN AMRO Global Emerging Markets Bond Fund, ABN AMRO Asian Tigers Equity Fund and ABN AMRO Eastern European Equity Fund.
Some of the key features of the notes include:
- Potential for global portfolio exposure;
- Diversified exposure to sectors:
- Principal protection if held to maturity; and
- Opportunity for potential quarterly income.
“We are delighted to be collaborating with CIBC and ABN AMRO Asset Management again to issue these Notes,” said Raj Lala, president of Gibraltar. “Our aim is to provide advisors and investors with creative and proven investment solutions to help them to achieve their goals. We believe that these notes enable investors to increase global exposure in their portfolio while providing principal protection and the opportunity for potential quarterly income.”
“ABN AMRO Asset Management continues to deliver superior returns in the funds. The ABN AMRO Global Emerging Markets Bond Fund, as an example, has been recognized with numerous awards, including Lipper, S&P and Morningstar Awards in the last two years,” added Lala.
The notes will be available for sale until March 9, 2007.