NORRENBERGER ASSET MANAGEMENT
Discretionary FX Investment Options
FX Classic Investment (Regular)
The FX Classic Regular Investment is a product that offers investors an opportunity to invest in foreign currencies such as US Dollars, British Pounds and Euros, over a short to medium tenor. The key objective is to hedge against exchange rate risk while ensuring preservation of capital and return on investment.
Features
- Competitive return on investment.
- The FX Classic Regular is available in USD, GBP & EUR.
- The FX Classic Regular is available in 30, 60, 90, 180, 270 & 365 days’ tenors.
- Returns are subject to withholding tax (WHT).
- Early termination or part termination is allowed subject to termination charges of 25% of accrued interest.
- Interest is payable on the maturity of the investment.
- Minimum investment amount is USD, GBP & EUR 5,000.00.
- Interest rate is negotiable based on amount and tenure of the investment.
FX Classic Investment (Medium-Long Term)
The FX Classic Medium - Long Term Note is a product that offers investors an opportunity to invest in foreign currency, fixed income instrument such as Eurobonds and short-term foreign currency placements to give a diversified portfolio over a medium to long tenor. The key objective is to hedge against exchange rate risk while ensuring preservation of capital and return on investment.
Features
- Interest is paid semi-annually.
- Premature liquidation is allowed subject to a charge of 25% of accrued interest.
- Attractive returns on investment.
- FX Classic Medium-Long Term Note is available in 18 months to 5 years tenor.
- Returns are subject to withholding tax (WHT).
- Minimum Investment amount is USD, GBP & EUR 5,000.00.
- Interest rate is negotiable based on amount and tenure of the investment.
Eurobonds & Eurobond Notes
Eurobonds are corporate or sovereign foreign currency medium to long term instruments targeted at High Net-worth Individuals, Corporates and Institutions. The key objective is to hedge against exchange rate risk while ensuring preservation of capital and return on investment.
Features
- Interest is paid semi-annually.
- Instrument is tradeable and market conditions determine the price of a trade.
- Low-medium risk asset.
- Tenure of 18 months to 5 years for Eurobond Note and 3-50 years for standard bonds.
- Returns are paid semi-annually.
- Returns are not subject to withholding tax (WHT).
- Minimum Investment amount is $200,000.00 for standard bonds and $10,000 for Notes.
- There is an active secondary market for the instrument.
- Interest rate is negotiable based on amount and tenure of the investment.
