SEB Offers New 3-Year Investment Deposit
OREANDA-NEWS. March 17, 2010. SEB accepts investments in the new three-year Investment Deposit UBS Currency Strategy until 12 April, reported the press-centre of SEB.
The yield of the Investment Deposit UBS Currency Strategy is tied to the index that is prepared by UBS, consists of 12 currencies and is based on the principle that investments are made in currencies with higher interest rates (long position) and loans are taken in currencies with lower interest rates (short position).
The new investment deposit is a good opportunity for spreading one's investment portfolio as it is not directly connected to movements on the stock market and contains a geographically broad selection of currencies, which enables income to be earned from the interest rate differences of various currencies.
However, investors who open the deposit must keep in mind that there are many circumstances that affect movements in currency exchange rates and this means that said strategy may not work in every situation. Interest income is not guaranteed in the case of deposits and the risk premium paid by investors may be lost in the case of deposits with risk premiums.
The start date of the new investment deposit is 14 April 2010 and its term is 3 years and 16 days. The Investment Deposit UBS Currency Strategy can be opened in euros and US dollars.
Preservation of the deposited amount is 100% guaranteed. Contracts for investing in the Investment Deposit UBS Currency Strategy can be signed in the SEB Internet and at all branches nationwide.
Further information about the opportunities and interest terms of the new investment deposit can be found on the SEB website at www.seb.ee/investeerimishoius.
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