NatWest International Personal Banking (IPB) is poised to launch a fourth issue of Autopilot, its capital guaranteed structured deposit account, available in sterling, US dollars and euros.
Aiming to maximise growth using a monthly management strategy, Autopilot provides a diversified portfolio, tracking the performance of four market sectors when they are rising and diverting to cash when a falling trend is identified. The initial capital payment is protected, provided it is deposited for the full five-year term, according to NatWest IPB. Performance is weighted equally across four sectors: developed equity markets, emerging equity markets, property and gold. On a monthly basis, the account observes the price of each market sector compared with the moving average price. Th...
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