ADIB launches 100% Capital Protected Equities Basket Note in companies with superior work environment

Sunday 24 February 2019
Abu Dhabi - MENA Herald:

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has launched a 100% capital protected ’Happy Workplace’ equities basket note, designed to capture the outperformance of companies that have a motivated and productive workforce.

The investment note matures in 12 months and provides 100% capital protection at maturity to remove any financial risk to clients. The note is open for subscription until 23 March 2019, with no cap on the potential return. The minimum subscription is $30,000. Customers will have the option to redeem the investment after a three-month lock-in period on a monthly basis. The note provides clients with the opportunity to invest in an equity basket of leading global employers that offer a good work environment for their staff.

Saif Alkeem, Head of Wealth Management & Priority Banking at ADIB, said: “The correlation between companies which rank highly for employee satisfaction and the long-term value they generate for shareholders is a well-established investment principle. This is because employees who feel engaged and motivated are more likely to be industrious, resulting in a more dynamic and productive business. The underlying basket consists of innovative companies that truly value their employees and offer some of the more desirable workplaces around the world. Through this investment note, ADIB is providing a unique opportunity to tap the value offered by such companies, while offering peace of mind to investors due to the full protection of their capital.”

According to research conducted by the website Glassdoor, employee sentiment is an increasingly valuable factor that investors are using to determine the health and amount of risk that may be associated with a company's financial future. A satisfied and engaged workforce is a vital measure of companies and there is strong correlation between employee satisfaction and broader stock market performance among publicly held companies. The companies in ADIB’s equity basket have proven past performance of exceptional employee satisfaction over the last decade.

As one of the UAE’s leading banks, ADIB has a strong track record developing and delivering best-in-class solutions tailored to meet the financial needs of customers, and across financial planning and asset allocation.

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