Morgan Stanley has reissued three of its most popular FTSE-linked structured products - the Protected Growth, Best Entry Growth and Growth Kick Out plans.
The Protected Growth plan will return 100% of the investment on maturity with two payment options. If the FTSE 100 rises by at least 15% after three years, investors can choose to exit the plan early and receive a fixed return of 18% plus the repayment of their initial investment. Otherwise, on maturity investors receive 100% of any positive performance, uncapped.
Meanwhile, the Best Entry Growth plan offers investors two times any growth in the FTSE 100 over six years, up to a maximum of 80%. Capital is protected as long as the index does not fall by more than 50% of the entry level.
Finally, the six year Kick Out Growth plan offers uncapped exposure to the index. If the index rises 15% after three years, investors can exit the plan and receive a fixed return of 50% and their initial investment. Otherwise, on maturity, investors receive 110% of any positive performance with capital at risk in the index falls below 50% of its starting level.
Morgan Stanley executive director Marc Chamberlain says: "In addition to the recent launch of our new structured products and funds we have re-issued these plans due to the ongoing demand among financial advisers for investments that offer different risk, reward and capital protection options.
"The fact that more advisers are asking for these products suggest to us that there is an increased acceptance and understanding of structured products and their potential positive impact on an investment portfolio."
The plans are open for investment until 15 March 2010 set a minimum of £3,000. They are available as SIPP, SASS, ISA including transfers of existing ISAs and discretionary investment.
A question of selectivity
Watchdog interviewed 13,000 people
Debate over loyalty bonuses