This capital protected fund is available to retail investors in Hong Kong and offers the opportunity to partially capture the potential upside in the US stock market.

French asset manager Amundi has launched a guaranteed fund, its first structured fund in Hong Kong SAR, available exclusively through Bank of China Hong Kong. Branded as 'Amundi HK - Guaranteed Fund 1,' the two-year-term structured fund offers 80% participation in the performance of the S&P 500 Daily Risk Control 5% USD Excess Return Index minus applicable new payment obligations, if any, according to the firm's statement.  The fund will deliver a first payout of at least 1.5% of