Credit Agricole has launched a guaranteed fund designed to give investors additional upside in the event of a global economic recovery. The Revival Guaranteed Fund offers a full capital guarantee and minimum return of 4.5 per cent over a maturity period of five years. The fund carries a potential bonus of up to 2.5 per cent to be paid on the first anniversary, which will be determined by the interest rate levels prior to the December 17 launch. The fund also has the potential to increase its coupon by 0.75 per cent every six months, subject to the performance of the 22 underlying stocks comprising the equity basket. 'This feature ensures investors are able to catch equity market rallies, while still enjoying capital and return guaranteed,' says fund manager Stephanie Perney. Investors will have 10 chances to receive these equity performance coupons during the lifetime of the fund. 'We believe this fund is unique in that it offers frequent income streams for investors based on a 'revival' mechanism,' Ms Perney says.