Galaxy 6 runs over six years and 14 days and is measured against the performance of a basket of eight commodities – Brent crude, copper, corn, gas oil, Kansas wheat, soybeans, wheat and WTI crude.
There are three options. A capital-protected option offers 140 per cent of the increase in the portfolio plus 100 per cent return of capital.
A super-growth option offers 200 per cent of the increase in the portfolio alongside one-for-one downside exposure based on the average price of the portfolio.
There is also a combined super-growth and capitalprotected option to achieve any level of capital protection between zero and 100 per cent, depending on risk.
The opening level will be based on close of business on July 23, 2008.
Minimum investment is 10,000, with 5,000 each in the combined capital protected and super-growth option. Commission is 3 per cent.