Norwich Union is launching the Capital Protected Plan 2 which is designed to return twice the rise in the FTSE 100, up to a specified maximum, and protect an initial investment.
Two versions of the Plan are available giving customers a choice of investing for three or six years. The three-year plan offers the return of the initial investment plus twice the percentage rise in the FTSE 100 Index, with the total amount paid capped at 27%. The six-year plan offers the return of the initial investment plus twice the percentage rise in the FTSE 100 index, with the total amount capped at 72% (see example below). For both plans, capital protection and investment returns only apply if the plan is held for the full term. If the plan is cashed in early the investor will...
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