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July 20 funds wrap

Lyxor Asset Management has launched the Lyxor China A50 AUD 100% Capital Guaranteed Fund in Hong Kong. The three-year-term fund, denominated in Australian dollars, will track the performance of iShares FTSE/Xinhua A50 China Index ETF and invest at least 90% of its assets in international blue chips – in particular, China A-shares. Investors will receive a 5% guaranteed coupon of…

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