Norwich Union is adding two structured products to its investment range, both linked to the performa...
Norwich Union is adding two structured products to its investment range, both linked to the performance of the FTSE 100. The Prosper Guaranteed Capital Bond (Issue 5) links to the UK blue chip index over a five-year period and provides 100% capital protection. The investment term is divided into 10 periods of six months investment and at the end of each period, the rise or fall in the FTSE 100 is calculated. Norwich Union has capped the upside and limited the downside to 5.75% for any gain or loss experienced over each of these periods. Minimum investment in the product is £3,500. The...
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