Investec Structured Products is launching a capital-protected plan to reflect investor uncertainty over the extent of the UK's economic recovery.
Investors in the FTSE 100 5 Year Deposit Plus Plan 1 receive a 30% return if the FTSE 100 is higher after five years or 100% of any growth in the FTSE 100 if it rises more than 30% in that timeframe.
The timing of the investment allows clients to use their ISA allowance for the two consecutive tax years - 2013-2014 and 2014-2015 - if they have not already used all of their ISA allowance for the tax year.
Investec Structured Products head of intermediary sales Gary Dale said: "We launched this plan with the aim of giving an alternative way to access upside from the FTSE 100 if it grows either moderately or substantially over the next five years.
"The UK economy may be on the path to recovery, but it is entirely uncertain to what extent. Therefore, we decided in our latest collection of plans to give investors the best of both worlds, whether equity market growth will be dramatic or slightly more tempered."
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