Barclays has launched its new core range of protected investments, replacing the previous series which closed two weeks early due to high demand.
The new range, set to close on 31 December, includes protected three-year and five-year FTSE plans.
The three-year plan offers 1.5 times the rise in the FTSE 100 up to 16.67%, with a 25% maximum return; while the five-year version offers twice the rise in the index up to 25%, with a maximum 50% potential return.
The range also includes an online only six-year guaranteed FTSE account and a five-year FTSE super tracker.
Investors will receive the capital back unless the index falls by more than 50% and is not at its starting point by maturity, in which case capital is lost 1:1 with the index.
IFA commission is 3%, or 2.25% for the three-year plan, and commission sacrifice is available to fee-based IFAs.
"The new range is designed to maximise returns in volatile markets and this approach has clearly struck a chord with advisers, from whom we experienced huge demand for the previous series,” Barclays Wealth director Colin Dickie says.
“With the impetus from the proposed CGT change as outlined in the Pre-Budget speech, we hope the new range proves as popular as the last.”
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Succeeding co-founder Simon Rogerson
Janus Henderson Global Dividend Index
More than 10 million shares allocated
Long-term strategic holding
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