Skipton offers 150% return on growth bond

Skipton Building Society has launched a five-year guaranteed growth bond which assures investors a guaranteed return of 126% with a potential to make as much as 50% gross earnings by tracking the FTSE 100 over a period of five years. However, one of the key features of the bond is that it has an investment range of £2000 to £10,000. Skipton will pay a maximum of £2600 before tax as additional guaranteed capital per investor. Moreover, the investor can earn additional return if the FTSE 100 Index has increased on the previous year for at least four times in five years. Ho...