New bond linked to currencies

FRIENDS First have launched a new investment bond linked to the performance of the currency market.

The bond is open to people who invest a minimum of €30,000 over a five-year term.

The bond, which offers 100% capital guaranteed, invests in a combination of zero-coupon bonds, cash and a currency trading account. The currency portion of the bond is actively managed by Alder Capital according to the Alder Global 20 currency investment strategy.

This strategy generates returns from following the trends in the three most liquid currency pairs in the world - the euro/dollar, the euro/yen and dollar/yen.