Citibank’s new investment offer in the Health sector.
Athens, March 20, 2006
Citibank is providing investors with the opportunity to gain access to the European Health Sector, one of the most attractive European equity sectors, with a product that combines both capital protection and considerable growth potential.
The new DB Platinum III Health Care Protected Fund, created in co-operation with Deutsche Bank, is available until 30th March and combines a number of characteristics and benefits: capital protection at maturity, minimum investment capital of only 3,000 in either euros or US dollars, , short tenor of only 3 years, and access to the promising healthcare sector. The fund is linked to the Dow Jones EUROPE STOXX Healthcare and offers potential returns at maturity of 50% for euro and 70% for US dollar investments in the index’s increase.
The Dow Jones EUROPE STOXX Healthcare consists of healthcare sector stocks of companies ranging from medicine and pharmaceuticals to biotechnology. The particular sector -according to analysts- offers considerable upside potential and is likely to see rapid growth in the coming years. The increased competition that has led to heavy investments in Research & Development, the production of innovative drugs and the use of pharmaceuticals by an increasingly elderly population are estimated to be the main reasons for this potential growth.
|