Smart Money - Rakhee Kooverjee on Nasdaq exposure with capital protection

In this episode of Smart Money, Rakhee Kooverjee – Product Specialist, Investec Retail Structured Products unpacks Investec’s rand-denominated Nasdaq 100 Geared Growth investment note and the thinking behind launching it in a volatile global market. With US tech valuations under scrutiny and AI optimism still running high, Kooverjee explains how the product aims to balance upside participation in the Nasdaq with a defined layer of capital protection for investors wary of entering at elevated levels. The conversation explores how the structured note works, including its geared upside, capped returns, and 40% downside barrier at maturity, as well as the implications of investing in a rand-based product linked to a US index. Kooverjee also addresses sustainability concerns around AI-led growth, capital expenditure trends among major tech firms, and what type of investor profile would be best suited to this medium-term, risk-managed global equity exposure. Disclaimer: For full regulatory disclosures, please visit: https://www.investec.com/en_za/legal/...