Barclays Wealth has completed a hat-trick of achieving the maximum return through its Accelerated Growth Plan range of structured investments.
Launched regularly since 2004, the Accelerated Growth (later to be renamed Super Tracker) plans are designed to provide investors with the opportunity of a geared return linked to the FTSE 100, combined with a large degree of downside protection. Over time this range has proved extremely popular with IFAs and their clients having taken over £250m.
The latest in the series to mature is the A19 which recently matured paying out the maximum stated return of 70% plus full capital. Over the same time, the average tracker fund returned 44%; the average Balanced Managed Fund 50.5% on a bid-to-bid basis.
Launched in September 2004, the product offered investors seven times any rise in the FTSE, up to a maximum of 70%, with capital being repaid in full unless the Index fell by more than 50% during the term and was below its starting level at maturity.
This is the third Accelerated Growth Plan maturity to deliver its maximum in the last four months, with the two previous versions matured delivering 63% to investors in August and October respectively.
Barclays Wealth has seen a bumper few years of maturities with over 70% of those products maturing in 2008-2010 outperforming the FTSE 100 Index and none enduring any loss to capital.
For full details on Barclays Wealth’s current products, please visit our dedicated website: https://www.barclayswealthprotectedinvestments.com
Commenting, Colin Dickie, managing director, Barclays Wealth, said:
“Geared products, such as our Accelerated Growth Plans, can sometimes be overlooked by investors, yet this recent trio of maturities shows how important they can be to a portfolio – combining benchmark-beating returns with an element of downside protection.
“Having experienced some of the most volatile markets over the past three years that many have ever encountered, this recent crop of maturities highlights the success of structured products. The debate around the use of structured products often refers to what is not included or what is being given up, so it is also worth highlighting where there has been equity out-performance to demonstrate that structured products are beyond one-size fits all.”