Print Email Facebook Twitter AEX-Sparen Title AEX-Sparen Author Van der Aa, J.J.R.J.P. Contributor Van der Weide, J.A.M. (mentor) Oosterlee, C.W. (mentor) Ridderbos, G.F. (mentor) Faculty Electrical Engineering, Mathematics and Computer Science Department Statistics Programme Technische Wiskunde Date 2011-05-26 Abstract Certain banks offer its customers a new investment product, which is known as AEX-sparen. A minimal amount of 5000 Euro is put into a bank account and this will be returned after four months plus interest. The interest is the same as the AEX-Index has earned in the previous four months, but is maximized to 10 %. If the AEX-Index has gone down after four months, the initial investment of 5000 Euro will be returned, so the customer is protected against the risk of losing money and has a potential of earning a higher percentage after four months than the (annualized) risk-free rate of 2.5%. It is impossible to predict the stock market with certainty and investments always involve risk. The bank will make advantage of this by guaranteeing the initial investment and still offering a chance to make a nice profit. But who will actually profit more from this, the bank or the customer? Subject structured productsfinancial mathematicsstatistics To reference this document use: http://resolver.tudelft.nl/uuid:ac5b7af6-50bb-4b22-af19-ff1c8cd79d59 Part of collection Student theses Document type bachelor thesis Rights (c) 2011 Van der Aa, J.J.R.J.P. Files PDF BSc_thesis_voorpaginas.pdf 661.07 KB Close viewer /islandora/object/uuid:ac5b7af6-50bb-4b22-af19-ff1c8cd79d59/datastream/OBJ/view