ABN Amro has launched a Gold Guaranteed Bonus Fund, denominated in Australian dollars. With a 100 per cent capital guarantee, the fund offers protection against market uncertainty while allowing investors to gain from potential increases in the price of gold and further depreciation of the US dollar. A substantial part of the fund's assets will be invested in Australian-dollar debt securities that mature at the same time as the fund, which has a 3.95-year investment term. A guaranteed bonus is paid at the end of each of four bonus periods - 2.5 per cent at the end of each year and 2.5 per cent at the fund's maturity. If gold reaches a pre-set level during the investment period, investors will receive a gold bonus. The subscription period is until June 16 and a management fee of 1.35 per cent a year will be charged. Independent investment adviser Bridgewater has introduced Crystal, a wealth management club for high net-worth investors. The service targets those willing to allocate at least US$2 million. Crystal members have access to credit facilities, dedicated personal assistance and a total net-worth monitoring facility as well as other services. Management fees are 1 per cent a year with no initial fees. Performance fees are tied to investment success, with 15 per cent charged on net returns above 10 per cent.