L&G launches triple index structured product

Investors in the Capital Protected Triple Index Plan 1 will receive 100% capital protection at maturity plus a return of up to 5, 10 or 20% depending on stock market performance. The plan is linked to the FTSE 100 Index, DJ Euro Stoxx50 Index and S&P 500 Index over the investment's five year term which matures on 6 May 2014. While the maximum growth the plan provides is 20%, the triple index approach offers three ways to achieve growth: If all three indices grow or say at the same level at the end of the five year term, investors receive 20% growth plus their original investment. I...