Premier Fund Managers has launched its second Premier Protected Growth Plan, which offers investors ...
Premier Fund Managers has launched its second Premier Protected Growth Plan, which offers investors 100% of growth in the FTSE 100 Index, based on the average level over the final 12 months of the six-year period. There is also full capital protection.
However the plan may mature early with a bonus of 21% after three years, 36% after four years or 55% after five years. This will happen in the event that the index is higher than these respective levels at this point. If the plan did finish early, then it would provide returns of 7% (three years), 9% (four years) or 11% (five years).
The plan will be fully qualifying for Isa investments, as well as Isa and Pep transfers. Investors will also be able to invest directly into the plan.
Early investors in the product will receive interest at a rate of 4%pa from the start of the investment period, which was 18 November.
Contact: 0800 212 577.
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected