Barclays to launch dual option tracker plan

The plan offers investors a six-year option linked to the DJ Euro Stoxx 50 index or a five-year option connected to the FTSE 100. Barclays says the six-year version offers investors 10 times the first 10% rise in the DJ Euro Stoxx 50, while the five-year option gives five times the first 15% rise in the FTSE 100, up to a maximum 75% return. Both plans will return full capital to investors unless the respective index falls by more than 50% and fails to recover to the starting point by maturity, in which capital is lost 1:1 with the index. Returns are taxed as capital gains, allowing inve...