Newcastle Building Society has launched a clean energy structured product exclusively for intermediaries, available through Newcastle Intermediary Services.
A rapidly growing market, the clean energy sector is poised to potentially outperform some of the more traditional markets in the next five years, says the company. The Clean Energy Select Account is part of Newcastle Building Society’s range of Guaranteed Structured Deposits and has a return of 100% of any rise in a basket of 20 clean energy shares, plus a 100% capital guarantee. Steve Urwin, senior marketing executive at Newcastle, says: “These stocks have been handpicked to provide a balanced portfolio of clean energy companies from around the world covering sectors such as Technolog...
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