Barclays to close defined returns plan early

clock

Barclays Wealth is closing its Defined Returns Plan two weeks early but issuing a replacement series following investor demand.

DRP Capital Protected will close to new business at 5pm 19 January. Barclays Wealth is bringing forward the edition scheduled to start next month to be available from 20 January until 27 February 2009 to ensure a smooth transition. The new DRP CP offers three investment periods delivering potential returns of: 12% for the three year option, 22% for the four year option and 32% for the five year option. All three investments offer capital protection when held for their full terms and will provide their return provided the FTSE 100 at maturity is equal to, or higher than its level at th...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Structured Products

Exploring the options for downside protection in a bear market

Exploring the options for downside protection in a bear market

Making the case for diversification through structured products

David Wood
clock 04 January 2023 • 5 min read

Structured product returns fall in 2020 despite continued success

Almost three-quarters generated positive returns

David Brenchley
clock 26 January 2021 • 2 min read

Structured product performance analysis tool launched for advisers

Free for advisers

clock 02 March 2020 • 2 min read