Notes linked to performance of Berkshire Hathaway Class B shares
Pro-Financial Asset Management Inc. of Oakville, Ont., has extended the sales period for Berkshire Hathaway/ishares linked deposit notes. The 10-year notes are on sale until about Nov. 30, 2006.
The notes are issued by Paris-based Société Générale, which provides a guarantee of principal.
Return is linked to the performance of Berkshire Hathaway’s Inc.’s Class B shares.
Advisors/brokers are paid up-front commissions of 4% by Société Générale; investors pay annual fees of 1.9%.
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