NatWest International Personal Banking (NIPB) has launched its fifth issue of guaranteed structured deposit account, Autopilot.
It offers a monthly management strategy following the trends and price levels of four sectors: developed equity markets, emerging equity markets, property and gold. The account observes the price of each market sector compared to the moving monthly average price, which determines whether the market is rising or falling. Autopilot links to a market sector when markets are rising and diverts to cash when they fall. Available in sterling, euro and US dollar, the account also protects the initial capital payment, as long as the money is deposited for the full five year term of the account. ...
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