Capital and guaranteed property bond launches

Professional Adviser
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Guaranteed capital and guaranteed property bonds have been launched by Newcastle Building Society. ...

Guaranteed capital and guaranteed property bonds have been launched by Newcastle Building Society. The Capital Safe Bond (CSB) offers guaranteed return of capital, even if markets fall, and offers 85% of the upside of four global indices over five years. A three-year option is available with guaranteed growth limited to 65% of the indices. The four indices are the FTSE 100, EuroSTOXX 50, Standard & Poor's 500 and Nikkei 225 indices. The closing index will be an average figure based on the index position on the first business day of each month during the last 12 months of the t...

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