Barclays Wealth protected investment matures early with 12% return
Barclays Wealth’s Defined Return Plan Annual Kick Out, launched last August, matured on 20 October 2009 when the FTSE 100 index closed above the 4282.67 strike level of 20 October 2008 delivering the stated 12% return to investors.
A DRP AKO ‘Maturity edition’ has been launched to coincide with this early maturity exclusively available to investors of the previous product.
It offers a fixed return of 8% every year and will mature on any anniversary where the FTSE 100 is at or above its starting level.
The investors’ capital is fully protected provided the index has never fallen below 50% of its starting level.