Scottish Widows has launched a six year capital protected fund aimed at cautious investors looking to protect their investment in the current economic crisis.
The Capital Protected Fund 10 (CPF10) offers 100% protection, if held for the full term, and 150% participation in the performance of the FTSE 100. The cap on growth is 50% of the original investment. "Our new Capital Protected Fund is ideal for those who want to benefit from the potential upside of the stock market, but would like the peace of mind of knowing that they will be protected if the FTSE index falls," says Gordon Greig, head of Savings & Investment at Scottish Widows. "Those who have the cash to invest over six years should benefit from this savings vehicle, with the poten...
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