Barclays delivers fourth issue of Emerging Markets Optimiser

Barclays Wealth has released the fourth issue of its five-year Emerging Markets Optimiser, which has accrued more than £50 million since the first tranche launched in February. The plan offers the Eastern European option that was introduced in the June tranche, linking return to the performance of two indexes comprising the Russian Depository Index (RDX) and the CECE Traded index. The latter index is representative of the shares in the Polish, Hungarian and Czech stock markets.

The other option is linked to the iShares MSCI Emerging markets index fund, an exchange-traded fund (ETF) based on 22 developing markets including Brazil, Russia, India, China (Bric), South Korea and South Africa. Both the options use a risk-adjusting strategy to determine the daily participation rate in the underlying markets according to levels of perceived risk. If the perceived level of market risk is high, participation falls; conversely levels increase if risk is considered lower. The