Keydata Investment Services has launched a five-year, structured product linked to the performance o...
Keydata Investment Services has launched a five-year, structured product linked to the performance of the FTSE 100. The Extra Income Plan offers annual income shares paying 7% gross per year, quarterly income shares paying 1.7% gross per quarter or growth shares paying 38% at maturity. It will mature on 19 November 2007. Capital and income are 100% protected, provided the FTSE 100 never falls more than 40% below its starting value during the term of the investment. Investors' capital will be reduced on a two-for-one basis if the index falls by more than 40% during the term and fails ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes