Barclays Wealth offers new six-year Defined Return Plan
Barclays Wealth has reissued the six-year version of its Defined Return Plan. Available now, this investment offers a fixed return of 44% providing the FTSE is at or above its starting level at maturity. As with previous issues, investors’ capital is returned in full at maturity, irrespective of market performance. However if investors choose to withdraw prior to maturity, capital will be placed at risk.
Full details of this product can be found at http://www.barclayswealthprotectedinvestments.com.
Lisa Chaudhuri, vice president, Barclays Wealth, says: “Although the markets have rallied recently, nervousness amongst investors over the long-term sustainability continues. Easily understandable products offering competitive returns without putting capital at risk therefore still play a big part in our offering. Our new DRP delivers 44% return provided that the Index is not below the starting level at maturity, an attractive prospect that does not rely on equity market growth.”