Zurich launches fourth phase of account product

Zurich Financial Services has launched the fourth tranche of its Zurich Guaranteed Account, a five-and-a-half year structured product offering full exposure to the upside in the FTSE 100 index. The product is 100% capital guaranteed and has an early kick-out whereby if the index has risen 30% or more at the end of three years, investors receive their original capital plus 30%. If the index has not grown by 30% after three years, it continues for the full term, with final payment calculated on the average monthly closing level of the index over the final 12 months. The product has no ...