Gartmore NatWest protected product

Gartmore is to launch a fixed-term capital protected product in the coming weeks to be sold to NatWest customers, writes Leo Bland The NatWest Protected Isa will be distributed via NatWest branches as well as through the group's tied salesforce. It will not be sold through IFAs initially. The product offers returns linked to the performance of the FTSE 100 with a maximum return of 60% over the five- and a half-year term but the product will pay back the initial capital invested as a minimum should markets fall. Returns will be based on a comparison of the level of the FTSE 100 at the outse...