Arc Capital & Income plc (ACI) has issued the latest tranche of its bull and bear plan, which can benefit from both the upside and the downside of the FTSE 100.
However, if the index rises by more than 120% at any stage and is higher at maturity than at the start, then no investment return will be paid but the original capital will be returned intact.
On the downside, if the index falls by 30% over the term, the plan provides a maximum return of 45% plus full capital, provided the index does not fall by more than 30% during the term.
In the event the index falls by more than 30% at any point and the final level is below the initial level, investors will not receive returns but the nominal investment will be returned in full.
Managing director Christopher Powell says: "With the continued uncertainty in the market and the prospect of recovery once the global economy picks-up, we feel the timing is right to launch this."
"As a six-year investment there is ample time for the index to recover and to be significantly ahead of its current level. The 1.5 times gearing and the 120% upside cap make this a particularly attractive investment."
Minimum investment is £3,600 and the maximum £2m. The offer period for direct investments closes on 3 April while Isa transfers can be made until 26 March.
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