Zurich Financial Services is offering a second tranche of its five-year Dunbar Bank Plus 12% Deposit...
Zurich Financial Services is offering a second tranche of its five-year Dunbar Bank Plus 12% Deposit Account.
The capital-guaranteed account, which is open to investors until 25 February and does not offer a withdrawal facility, pays up to 12% interest a year, linked to the performance of the FTSE 100.
The actual interest payable is based on the quarterly movements of the index, with market losses reducing the amount of interest payable. If the level rises in three quarters and falls by 2% in one, for example, investors will receive a 10% return for that year.
If the total of quarterly falls over a year exceeds 12%, no interest will be paid in that year.
The minimum investment is £2,500 and the maximum £250,000. Commission to intermediaries is 3%.
Further information is available on 0207 437 7844.
Annuity market worth £4bn in 2017
For ‘distress’ caused
Oversees £30bn of advised and D2C assets
Less than a third of top paid employees are women
£1bn business since inception