Keydata enhances Extra Income Plan

It offers investors a choice of either income or growth, with the former paying a quarterly income of 2.075% gross over a six year investment term and the latter returning 58.5% growth at maturity. Keydata says the return of capital is linked to the performance of the FTSE100 and the Dow Jones Euro Stoxx 50, with capital protected unless either index falls 50% during the term. If this happens and either index subsequently fails to return to its respective starting point by the end of the term, capital is reduced on a one-for-one basis of the worst performing index. The firm points out th...