Standard Chartered Bank to launch innovative investment alternative

A first of its kind in the region, the Oasis Note provides investors with an opportunity to gain exposure to some of the leading hedge funds in the world, while ensuring maximum protection of their capital.

Hedge funds, long considered the sole preserve of the very rich, are investment vehicles designed to achieve positive returns in both rising and falling markets. While hedge funds have historically outperformed traditional funds and broad market indices, returns are reliant primarily on the strategies and skills of the fund managers - performance that has not been benchmarked in the past.

Now, through Oasis Note, Standard Chartered offers UAE investors a portfolio of hedge funds using the CSFB-Tremont Hedge Fund Index. The Index ensures that assets of the Oasis Note fund are allocated by size to the best performing, largest available, market neutral hedge funds. The multi-manager approach also means that the fund always has a strong collection of top managers working for the customers.

"We are very excited about Oasis Note. It allows us to give our customers access to a diverse collection of high performance investment vehicles", said Ray Ferguson, Chief Executive Officer, Standard Chartered Bank UAE.

While the term of the investment is long, at seven (7) years, the Index-based approach gives customers the confidence that the Oasis Note fund includes the best performing funds available. The 100% capital guarantee* provides additional comfort that, at maturity and regardless of the performance of the fund, their capital is safe.

*Investment protection of 100% of capital is applicable only on maturity and is provided by Credit Lyonnais, Paris (S&P 'A' rating). Please contact Standard Chartered Bank, and review product details for more information.