These certificates, offered in lots of $10,000 and €10,000, will be available both to institutional and individual investors, according to a news release. The S&P Hedge Fund Index certificate will be available to investors throughout Europe, Asia and Latin America from both UBS Warburg and third-party distributors.
The S&P Hedge Fund Index certificate offers the holder a bearer note listed on a major European stock exchange and is traded in a regulated market. Due to the securitised format, it can be settled via Euroclear or Clearstream.
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