Bonus bond from Scot Life Intl

Scottish Life International has produced a protected bond designed as an alternative to with-profits investing. The Protected Bonus Bond Series 2 aims to provide 100% capital security over a six- year and two-month term. In addition it will offer investors a return of between 18% and 54% depending on the performance of the FTSE 100, EuroStoxx 50 and S&P 500. The bond gives an annual bonus of 9% providing the closing levels of the indices are at or above their respective starting levels, the date the product is launched, throughout the 10 business days up to and including each bond anniv...