Blue Sky launches first investment product

The Protected Income Plan is the first product from new structured product specialist Blue Sky. It offers an income stream of 10% per annum and 100% contingent capital protection at maturity over a six-year term and a 65% downside portfolio barrier level. The Barrier Level offers 100% capital security, even allowing for falls of up to 65% in one or all of the shares in the Portfolio, at any time during the investment term, without risk of capital loss to investors. It is only triggered by closing prices and the plan also includes three month averaging which spreads the measurement of the f...