Scottish Life International (SLI) is to offer investors a safety net to investing in the technology-...
Scottish Life International (SLI) is to offer investors a safety net to investing in the technology-weighted Nasdaq 100 index with the launch of protected.com. The fund offers 95% capital protection with investment gains being locked in every quarter. For the current quarter, which ends on 16 June, investors will receive 61.1% of any growth in the Nasdaq. At the end of each quarter the profit rate is applied to any growth in the Nasdaq to calculate the bonus period which is then locked in for the following quarter. The profit rate will change each quarter. If the Nasdaq has fallen in a pa...
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