Legal & General is launching a limited period protected portfolio product which will invest in 30 of...
Legal & General is launching a limited period protected portfolio product which will invest in 30 of the FTSE's 200 best stocks. Following the success of their first protected portfolio bond, L&G will select equities to be included in the Protected Portfolio II according to capital growth potential, and will include such names as Alliance & Leicester, BskyB, Capita and BT. At the end of the five and a half-year term, the growth of the 30 shares will be averaged to determine the return of the investor, after each stock has been capped at 100%. Capital will also be protected dur...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
