Barclays Wealth has enhanced the terms of its latest Defined Returns Plan (Capital Protection) product, offering improved returns on two of its three options.
Launching on 13 April, Barclays Wealth has upped the fixed returns on the four and five-year DRP CP options to 26% and 40% respectively, while the three-year alternative remains at 12%.
All three investments will deliver the fixed return provided the FTSE 100 index is at, or above, its starting level at maturity.
Also launching on 13 April is the latest issue of the Barclays Wealth Defined Returns Plan Annual Kick-Out, which offers two options for investors with different risk/reward profiles.
The AKO 100 will automatically mature and deliver its return on the first annual anniversary where the FTSE 100 is either at the same level, or higher than, its starting point.
Should it occur on the first anniversary, investors will receive an 11% return; if it happens on second anniversary, investors receive 22%, so on until maturity.
Additionally, the AKO 80 option is designed for an increased likelihood of an early return. This preference delivers its return on the first anniversary the FTSE 100 exceeds 80% of its starting level, with investors receiving a 6.25% return for each year the investment is in force.
If the AKO 100 and AKO 80 do not achieve early maturity, both options repay full capital after five years - as long as the index is not below 50% of its starting level at maturity.
This is a change from previous issues, where the 50% decline risk barrier was observed throughout the life of the plan.
In the event of the index having fallen by more than 50% at maturity, capital is lost 1:1 with the index.
"Investments with fixed returns continue to be extremely popular and the latest issues of our Defined Returns plans offer several competitive options to suit most types of risk profiles," Barclays Wealth director Colin Dickie says.
"Our DRP CP offers highly attractive terms particularly given that it provides full capital protection at maturity while the Annual Kick-Out now observes its capital at risk barrier only at maturity, adding an improved element of safety into one of our most popular investments."
Full details of both investments can be found at www.barclaysinvestors.com/ifaIFAonline
Will assess regulation
Client was warned of risk
Megan Butler keynote speech at Women in Finance summit
Market anticipates a May hike
Newly-formed Mobius Capital Partners