Blue Sky Asset Management has relaunched its Capital Accumulator Autocall Dual Index plan.
Linked to the FTSE 100 and S&P 500, the 6-year plan pays 9.5% per annum and is autocallable annually from year two, if both indices are at or above their initial level.
If the autocall is not triggered at the second anniversary, its pays 9.5% annually until it autocalls or matures.
Capital protection is provided unless the indices fall by more than 50% during the investment term, and remain below their starting level at maturity.
The counterparty for the plan is AAA-rated Rabobank.
Blue Sky chief executive Chris Taylor says autocall products have been very popular investments in uncertain markets because they offer solid growth potential and defined stock market protection.
"The plan develops the autocall concept, by delaying the usual first year payment option in order to deliver more meaningful growth potential at the second anniversary - which also provides investors who may have other autocall plans with a different tax year in which to offset returns against CGT allowances," he says.
The plan is open for investment until 1 March 2010 at a minimum of £10,000 directly, or £7,200 from ISAs. It is available for ISA, SIPP and SSAS, with commission offered at 3%. Explicit plan charges are zero.
All-day event on 24 April
Consequences could be more severe than in stress tests
AFH has six segregated mandate funds
Variable operating expenses