11 September 2024
True to our commitment to meet clients’ varying investment objectives regardless of market volatility, we are pleased to announce that we have enhanced and expanded the Glacier Top Brands structured solutions offering.
Success of the Glacier Top Brands Return Enhancer
The Glacier Top Brands Return Enhancer, which was launched in July 2023, gained traction over the past year, attracting flows of R1.38bn to the seventh issue, which closed on 02 August 2024. This investment option affords the client a tax-efficient way of investing in a global portfolio of companies with strong brand value.
Investors had the opportunity to earn a guaranteed 30% return as well as an enhanced return, depending on the performance of the index over a 5-year period. The enhanced returns that were traded for the various issues ranged from 70% to 102.5% before tax. (The fluctuations in the enhanced return were due to volatile macro-economic factors like sticky inflation and looming interest rate cuts.)
New opportunity! Launch of the Glacier Top Brands Participation Enhancer
The Glacier Top Brands Participation Enhancer
The brand-new addition to our Top Brands suite is the Glacier Top Brands Participation Enhancer. This newcomer offers capital protection, like its counterpart, and also enables clients to participate in the upside performance of the Bloomberg Transatlantic Top Brands Fixed Selection Decrement 5% Index (the global portfolio) by a factor of 2.8. Investors will therefore get and enjoy capital protection simultaneously.
Minimum and enhanced returns
Upcoming amendments to the Glacier Top Brands Return Enhancer
To accommodate clients who require a defined minimum return and would welcome the opportunity to earn a defined enhanced return, we are launching another issue of the Top Brands Return Enhancer, with slight amendments, as indicated below:
Minimum and enhanced returns
Features of the Glacier Top Brands Structured Solutions
Opportunity to invest from 9 September 2024
This next opportunity to invest comes at an opportune time for investors who were invested in the 12th issue of the Glacier Capital Enhancer which matured on 28 August 2024, as the maturity values were made available on 23 September 2024. (You will be able to view your list of clients that were invested in that issue of the Capital Enhancer on the intermediary web under My practice / Values per product / Sinking Fund.)
The quote and application forms are available on the Glacier intermediary web.
For more information, please speak to your Glacier representative.
