ABN AMRO launches Open End certificates on Solar Energy

Today ABN AMRO will broaden its range of environmentally sustainable certificates. ABN AMRO launches new Open End certificates on Solar Energy. The certificates are structured products with no fixed maturity (open-ended) and will be tradable on the stock exchange. The certificates will be offered in two variants: one based on the euro based performance, as well as a quanto variant, enabling Swedish investors to invest in the Solar Energy certificate without taking any currency risk.

“The ABN AMRO index for Solar Energy has risen 30 percent during the past six months”, says Niklas Åkerfelt, responsible for the structured products range within ABN AMRO in the Nordics. “This is without doubt the future, we are committed to offering sustainable investments.”

The certificates track the performance of the ABN AMRO Solar Energy Total Return Index. Standard & Poor’s continuously monitors that the stringent index methodology is followed. To be included in the index, the company must be active within the Solar Energy sector (researching, developing, manufacturing, producing, or marketing solar technologies), it must also be exchange listed and have a market capitalization of 100 million euros. Additionally, the stock must have a good liquidity.

In November ABN AMRO launched biofuel, clean renewable energy and water certificates on the Swedish market. “Now all kinds of investors can invest directly into these coming sectors in a very easy and transparent way”, says Niklas Åkerfelt. “To address the concern of currency risk in investing in dollar based assets, we are also now introducing quanto versions of the previously issued certificates” Åkerfelt continues.

Retail investors can buy ABN AMRO certificates via their current deposit accounts. ABN AMRO is the market maker, guaranteeing continuous liquidity. More information can be found on www.abnamromarkets.se.

The ABN AMRO global structured products business serves private investors and institutions. This product group offers more than 22 000 products referencing multiple asset classes across 25 countries. This group is ranked as the Number One provider in The Netherlands and was recently named Number One in Germany – the only foreign issuer to achieve this accolade. In 2006 it has achieved 12 awards for offering the best structured products across a range of categories.