Trade view /
17 June 2016 at 13:15 GMT
We are closing this Volkswagen trade view today
, locking in a strong short-term profit as well as overall profit since inception, despite an early initial timing.
This trade view was initiated on January 14 at a price of 89.75 while taking the loss on the original Volkswagen trade view initiated when news of the emission scandal first broke.
As conditions have since improved this bond is now trading at 98.25 bid, hence a total return of 10.9% since the “swap” and 1.6% since inception.
We will be announcing another medium-risk investment for the core portfolio shortly.
— Edited by Michael McKenna
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