OREANDA-NEWS. SEB will be offering the ‘Emerging markets portfolio’ three-year investment deposit until 29 September, reported the press-centre of SEB.

The underlying asset of the deposit is an equally weighted portfolio of shares in twelve companies on emerging markets: Itau Unibanco Banco Multiplo, Petroleo Brasileiro and Vale SA (Brazil); China Communications Construction Company, China Construction Bank and China Mobile (China); Teva Pharmaceutical (Israel); Hyundai Heavy Industries and Samsung Electronics (South Korea); America Movil (Mexico); Taiwan Semiconductor (Taiwan); and Gazprom (Russia). The yield on the four best performing shares will be fixed at 40% regardless of whether their actual performance is higher or lower.

Kai Kutsar, the sales manager for retail products from SEB’s Trading and Capital Markets Division, says the biggest advantage of the investment deposit is the opportunity it represents to benefit from developments in companies in emerging markets which have good prospects. “We’re favouring emerging markets for investment at the moment because their economies are in a better position than those in developed nations,” she explained. “The capital protection offered as part of the deposit will give investors a greater sense of security should the price rise that’s expected not come about.”

The period of the deposit is 3 years and 19 days, starting from 30 September 2009. The deposit can be opened in Estonian kroons, U.S. dollars or euros.

Preservation of the deposit amount is 100% guaranteed. Deposit contracts can be entered into at any SEB branch throughout Estonia until 29 September 2009.

More detailed information about the opportunities the new deposit represents and interest terms and conditions is available on the SEB website at www.seb.ee/investeerimishoius.