A summary of all of the products and services launched or substantially changed and reported in this month's issue
Alliance & Leicester International Product: Capital Guaranteed Maximum Growth Bond Description: A five-and-a-half year capital protected bond that is linked to the FTSE 100 as well as a one-year fixed rate bond. However, if the FTSE 100 grows by more than 30% then it will mature after three years. Page: 11 Ashburton Product: Sterling Managed Income fund & US Dollar Managed Income fund Description: The portfolios comprise fixed interest securities and cash deposits with a currency overlay. Target yields for the sterling fund is 5.75% and 4% for the dollar fund. Investors will now rece...
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