Newcastle Building Society has launched another tranche of its Capital Safe Bond, offering 85% of th...
Newcastle Building Society has launched another tranche of its Capital Safe Bond, offering 85% of the average growth of four equity indices over a five-year term. The Capital Safe Bond Issue 7 is linked to the FTSE 100, Dow Jones EuroStoxx 50, S&P 500 and Nikkei 225 indices and features a 100% capital guarantee. Returns are based on the average growth in the four indices, which Newcastle believes offers diverse global exposure while limiting the effect of any potential downturn in a geographic area. The amount of growth produced by the product is not capped. However, investors will...
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