The MarketPlace at Bradford & Bingley (BB) has launched its Early Bonus Plan, a FTSE-linked growth p...
The MarketPlace at Bradford & Bingley (BB) has launched its Early Bonus Plan, a FTSE-linked growth product. Capital is protected provided the FTSE 100 does not fall to below half of its level at the outset of investment and fails to recover to this level by the end of the six-year term. If this does happen then capital will be reduced on a one for one basis. The product has a minimum three-year investment term. After three years the maturity is triggered if the FTSE 100 is at the same or higher level than when the contract started. However, if the FTSE 100 is lower than the product continues to the next year.
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