Morgan Stanley To Launch Second Bonus Fund

Morgan Stanley is preparing to roll out FTSE 100 Bonus Fund II with an official launch planned for May 4, reports Portfolio Adviser.

Morgan Stanley is preparing to roll out FTSE 100 Bonus Fund II with an official launch planned for May 4. The new fund is a six-year auto-callable strategy based on the performance of the FTSE100 with investors receiving back their initial investment if the benchmark at the end of the fund’s term is at or 60% above its initial level.

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