Barclays Wealth re-launches multi-option growth solution
- 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
Following current demand for shorter term investments, Barclays Wealth has launched a new issue of its Target Growth Plan aimed at balanced investors looking to maximise growth in return for accepting risk to capital.
Available now, the Plan has three investment term options with investors being offered a potential 21% return for the three-year option; 31% for the four-year option; and 41% 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.barclayswealthprotectedinvestments.com.
Lisa Chaudhuri, vice president, Barclays Wealth, says: “Our Target Growth Plans offer the IFA a choice of investment terms to help with their clients’ investment planning. The potential to realise a 21% return after three years even if the market falls by up to 40% is particularly attractive at the moment given that some investors may be nervous as to whether the bull market is running out of steam and are looking for products which can deliver competitive returns without market growth.”