Baronworth has launched the fifth version of its Combination Investment, which invests 50% of assets...
Baronworth has launched the fifth version of its Combination Investment, which invests 50% of assets in a two-year guaranteed income bond and 50% in a with-profits bond. The two-year guaranteed income bond is with Countrywide Assured and offers 6% per annum free of basic rate tax, equivalent to 7.5% per annum gross, payable annually, or 5.84% per annum free of basic rate tax, equivalent to 7.3% gross, payable monthly. Income is fixed and the return of capital is guaranteed. The other half of the investors assets is placed in the Prudence With-Profits Bond, which pays 5.7% per annum, f...
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