This article deals with guaranteed funds, and especially funds which provide at maturity a guarantee of the capital invested. It presents two management methods: the option method and the cushion method.
ABOU SALEH, D., LACOSTE, V. and LONGIN, F. (2003). Term Capital-guaranteed Fund Management: The Option Method vs. The Cushion Method. In: Proceedings of AFFI - Lyon 2003. ISFA Lyon.