Barclays Capital has launched a structured deposit account designed to provide exposure to global equities, global hedge funds, European property, and global commodities.
The product provides 100% capital guarantee with a minimum return and uncapped exposure to a basket of major indices from across the world and across asset classes.
Minimum investment is £50,000 ($75,000 or €75,000) and access to the deposit is via most offshore life bond providers.
Depending on the currency that has been invested, the percentage return at maturity will be:
- Sterling: the greater of 25% and a 150% of any percentage rise in the value of the basket
- US dollars: the greater of 19% and a 150% of any percentage rise in the value of the basket
- Euros: the greater of 11% and a 150% of any percentage rise in the value of the basket
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