Scot Life launches Series 3 of Protected Bonus bond

Professional Adviser
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Product launch

Scottish Life International has launched Series 3 of its six-year and two-month Protected Bonus bond, which guarantees a 16% return and is stock-market linked. The maximum return is capped at 48% ' a possible 8% a year as long as the relevant stock markets rise in that year. The annual bonuses are linked to the performance of the stock market indices of the FTSE 100, the Euro Stoxx 50 and the S&P 500. If any of the three markets fall over the year, then the investor does not receive a bonus. If all rise, then the investor gets the average performance, capped at 8%. The Dow Jones Euro ...

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