Handelsbanken launches fund with daily guarantee
On June 14, Handelsbanken will start an entirely new form of savings in mutual funds: Garantifond Plus.
This mutual fund functions as a common mutual fund does when the market goes up - but it protects investors from major price falls. Investors have a daily guarantee of 80 percent of the highest value ever achieved by the mutual fund.
Joachim Spetz, chief executive of Handelsbanken mutual funds, explains, "This means that the realised increase in value for the investor is protected against a severe market crash."
For further information, please contact: <!-- hugin-supplied --><br> <!-- hugin-supplied --><br> Joachim Spetz, chief executive Handelsbanken mutual funds, <!-- hugin-supplied --><br> telephone: +46 8 701 29 79 <!-- hugin-supplied --><br> mobile phone: + 46 70 694 29 79 <!-- hugin-supplied --><br> <!-- hugin-supplied --><br> Eric Callans, head of marketing, Handelsbanken Asset Management, <!-- hugin-supplied --><br> telephone: +46 8 701 20 20 <!-- hugin-supplied --><br> mobile phone: + 46 70 598 55 90 <!-- hugin-supplied --><br> <!-- hugin-supplied --><br> The full name for Garantifond Plus is Specialplaceringsfonden Handelsbanken Garanti Plus. The mutual fund is managed by Handelsbanken Fondbolag Ab. The company is a Finnish mutual fund company, which is under the supervision of the Finnish financial supervisory authority. <!-- hugin-supplied --><br> <!-- hugin-supplied --><br> A fund's historical return is no guarantee of future return. Investments in a fund can rise or fall in value and it is not certain that you will get back the capital you have invested. However, the invested capital and increase in value in Garantifond Plus is guaranteed at 80 percent of the highest price ever achieved for a mutual fund unit.