- Growth investment issued by Barclays Bank PLC
- Three, four and five year options available
- Capital and return are at risk if the FTSE falls below 60% of its starting level
- Eligible for 2010/11 and 2011/12 Stocks and Shares ISA investment
Barclays Wealth has launched a new issue of its Target Growth Plan aimed at investors looking to maximise growth in return for accepting risk to return and capital.
Available now, the Plan has three investment term options with investors being offered a potential 18% return for the three-year option; 28% for the four-year option; and 38% for the five-year option.
In all cases, return and capital will be paid at maturity providing the FTSE 100 trades at or above 60% of the starting level throughout the term. Should the FTSE fall below this barrier during the term and be below this level when the investment matures, both return and capital will be reduced on a 1:1 basis.
Full details of the Plan can be found at http://www.barclayswealthstructuredinvestments.com.
Lisa Chaudhuri, vice president, Barclays Wealth, says: “The Target Growth Plan seems to strike a chord with investors at the moment due to the fact that the appealing returns can be paid out at maturity even if the level of the Index at the end of the term is below where it started. The allowance for up to a 40% drop in the index level before capital and return is put at risk gives the product an appealing risk and reward balance.”