Incapital Europe offers first tranche of Digital Growth plan

The new Digital Growth Plan – Defensive Series 1 offers growth of 30% plus 100% return of capital at the end of the four year term if the FTSE 100 is at or above 70% of its initial level. Alternatively, if the index is below 70% of the initial level but at or above 50% of it then the capital will be repaid in full, but with no growth. If the index is below 50% of the initial level then investors lose capital on a one-for-one basis to the fall in the index. The plan is open with immediate effect until 26 September and the strike date is 7 October 2011. Counterparty to the plan is Morga...