GHC launches defensive Equity Growth Plan

Goy Harris Cartwright (GHC) is the latest player to enter the structured product market with the launch of the Defensive Equity Growth Plan. The five-year product is linked to the FTSE 100 index and offers a minimum return of 125% of the original sum invested as long as the FTSE 100 never drops by 50% of its starting level. Investors will receive any upside on the FTSE 100 up to a 65% increase. If the downside is triggered by a 50% drop, investors are still able to participate in the upside of the FTSE 100 up to 65% but the 25% minimum is no longer payable. Paul Harris, chief executive...