Lehman launches issue 5 of Enhanced Returns series

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Lehman Brothers has launched Enhanced Returns Plan Issue 5, offering 100% capital protection, in conjunction with plan manager DRL.

The plan also pays fixed returns dependent on the FTSE 100’s performance over either three or five years. It offers a fixed return to investors provided the FTSE 100 is equal to, or higher than, its initial level at the point of maturity. Those investing over a three-year period can make a fixed return of 27%, while five-year investments can net 57%. Paul Adams, head of UK structured retail products at Lehman Brothers, says the Enhanced Returns Plan series has proved popular with investors and the latest issue offers the highest returns in the series so far. The plan’s offer period runs...

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