Britannia International has launched a new issue of its Guaranteed Capital Bond.
Launched on 5 August, the 6 Year Annual return- Guaranteed Capital Bond will pay a fixed return of 5% gross/AER for each year where the FTSE 100 Index does not fall below 75% of its start value. The value will be taken at close of business on 4 September. No withdrawals are permitted in the six year term. The minimum investment is £5,000 for savers with a ceiling of £1m. The six year annual return bond is available until 21 August, but may close early if fully subscribed. Its start date is 4 September 2009. Available through IFAs, commission is set at 2%. Mark Beresford, mana...
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