Premier launches structured product

Premier Fund Managers has launched a structured product, the five-year, fixed-term Premier Extra Income Plan. Investors receive either an annual income of 6.25% or 0.5% monthly with a growth option of 34% over a five-year period. Some 100% of capital is returned at maturity, provided the Dow Jones Eurostoxx 50 does not drop below 70% of its start value, calculated from 21 February 2003. If the index drops below the threshold, capital is reduced on a one-for-one basis. For further details, call 0800 212 577.