- Six-year investment issued by Barclays Bank PLC
- Offers 6.25% for each year the Index is at or above its starting level
- Capital is returned at maturity irrespective of Index performance
Barclays Wealth has launched a new edition of its Growthbuilder for investors looking for an attractive return in a low growth environment.
Available now, the six-year Growthbuilder offers a 6.25% locked-in return for each year that the FTSE 100 is at or above its starting level on any of the Plan’s six anniversaries. If the FTSE is below its starting level on any anniversary, no return will be locked-in – but this will not affect investors’ chance to lock-in future gains.
Investors’ capital is fully returned at maturity, irrespective of market performance. However, if investors withdraw from the Plan before maturity, capital may be lost.
Full details of the product can be found at http://www.barclayswealthstructuredinvestments.com.
Lisa Chaudhuri, vice president, Barclays Wealth, says: “With continuing uncertainty over interest rates and the recovery in general, transparent lock-in products continue to be appealing to investors. Our latest Growthbuilder offers a competitive return while ensuring investors’ capital is returned at maturity. The lock-in feature also helps to mitigate the issue of market timing.”