Abbey offshore capital account targets expats

Abbey International has launched an Offshore Capital Guaranteed Savings and Growth account aimed at UK expatriates. The product places 50% of an investor's money into a fixed-term deposit account offering an income of 12% after two years, while the return on the other half of the investment is linked to the performance of the FTSE 100. Investors will receive 100% of the capital back, plus any return of the stock market which is capped at 40% providing the investment is held until both elements mature. The cash element of the investment will mature on 17 November 2008, while the equity ele...