Barclays Capital is aiming to roll out a new volatility fund, Citywire reports. The Barclays Euro Mid Term Volatility fund will provide exposure to European equity market volatility.
The Luxembourg-domiciled Ucits III vehicle will track the VStoxx 50 Mid Term Futures Index. The fund will have an annual replication charge of 0.89%, management fee of 0.2% and a fixed fee of 0.2% every year.
Click here for the story from Citywire.