Premier Fund Managers has launched its latest structured product. Premier Limited Editions Number 9 ...
Premier Fund Managers has launched its latest structured product. Premier Limited Editions Number 9 offers up to 100% of the growth of the FTSE 100.
If the index has risen by 21% or more by the end of the third year, some 121% of the original capital will be paid out. If this payout is not triggered, the product continues.
If the FTSE 100 has increased by 36% or more by the end of the fourth year, 136% of original capital will be paid out, and at the end of year five, 155% will be paid out if the index has increased by 55% or more.
If none of these payouts are triggered, the plan continues for a sixth year and initial capital plus the growth of the FTSE is then returned.
If the stock market has fallen, investors get back the initial sum invested.
The plan can be put within a Pep or Isa wrapper. Minimum investment is £2,000 and it is open from 2 June to 21 July.
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